72272 Gurtner DrAbita SpringsLA70420
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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
Investment property for sale in Abita Springs at 72272 Gurtner Dr, Abita Springs, LA, 70420 uses $36,465 cash to close to unlock $2,136/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $859/mo, and a $538/mo payment keeps the spread at $178/mo. Purchase price stands at $110,000, and rental yield measures 9.37% with $859/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 134.23% and total cumulative return in cash records $48,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $859/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1982
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70420, Abita Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,877 (100%) |
| Owner Occupied HU | 3,080 (79.4%) |
| Renter Occupied HU | 516 (13.3%) |
| Vacant Housing Units | 281 ( 7.2%) |
| Median Home Value | $297,663 |
| Average Home Value | $327,292 |
Housing Distribution
Address Breakdown
Residential
3,449
Single Family
3,369
Multi-Family
80
Businesses
268
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Listed by: Ashley Turner • Realty Executives Florida Parishes
Mls Name: GSREIN
Mls Provider:
Mls ID: #2505258
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.