7177 Rue FraiseZacharyLA70791
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Zachary at 7177 Rue Fraise, Zachary, LA, 70791 offers $2,880/mo rent that, after a $2,218/mo payment, leaves $31/mo cash flow. Total monthly income is $2,880/mo, and annual cash flow is $376/yr on $150,194 cash. Return on cash invested measures 20.16% in year one, and rental yield stands at 7.63% at a $453,075 entry. Equity gained on principal adds $2,924/yr while 5% annual appreciation compounds into $125,176 by year five. Five-year ROI records 104.33% and total cumulative return in cash reaches $156,695. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,880/mo property income versus a $2,218/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,145 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70791, Zachary, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,498 (100%) |
| Owner Occupied HU | 9,151 (73.2%) |
| Renter Occupied HU | 2,225 (17.8%) |
| Vacant Housing Units | 1,122 ( 9.0%) |
| Median Home Value | $309,940 |
| Average Home Value | $358,189 |
Housing Distribution
Address Breakdown
Residential
12,065
Single Family
10,976
Multi-Family
1,089
Businesses
841
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Listed by: Jennifer Bozeman • Geaux-2 Realty
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2023001350
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2024 ROAM MLS.