73104 Niblick StAbita 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 73104 Niblick St, Abita Springs, LA, 70420 earns $275/mo cash flow from $1,266/mo rent with a $783/mo payment. Total monthly income totals $1,266/mo, and annual cash flow totals $3,302/yr on $53,007 capital. ROI tracks 26.14% on current figures, and rental yield reads 9.5% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 136.34% and total cumulative return in cash sums $72,270. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,266/mo property income instead of your personal income.
Manufactured
Built in 2016
0.53 Acres 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: Jen Williams • United Properties of Louisiana
Mls Name: ROAM MLS
Mls ID: #2026000029