7210 Riverbank DrDenham SpringsLA70706
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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 Denham Springs at 7210 Riverbank Dr, Denham Springs, LA, 70706 priced at $449,500 converts $2,589/mo rent into after a $2,200/mo obligation. Total monthly income equals $2,589/mo. Return on cash invested prints 18.34% in year one, and rental yield reads 6.91% against a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation compiles into $124,189 by year five. Five-year ROI reaches 94.41% and total cumulative return in cash sums $140,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,589/mo property income covering a $2,200/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
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Listed by: Katherine Coghlan • Burns & Co., Inc.
Mls Name: ROAM MLS
Mls ID: #2025008397