73279 Military Rd, Covington, LA, 70435 | ROI: 9.18%

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

6 Bed
4 Bath
4250 sft

69409 Fair Oaks Ln, Covington, LA, 70433

6 Bed
5 Bath
4624 sft

121 Pontchartrain Oaks Dr, Madisonville, LA, 70447

4 Bed
5 Bath
4244 sft

8081 Winners Cir, Mandeville, LA, 70448

5 Bed
5 Bath
7094 sft

519 Chinquapin Cir, Covington, LA, 70433

Nearby investment properties with comparable prices

7 Bed
9 Bath
5456 sft

124 Lafitte St, Mandeville, LA, 70448

4 Bed
5 Bath
5272 sft

67 Hummingbird Rd, Covington, LA, 70433

5 Bed
6 Bath
4868 sft

111 Maple Ridge Way, Covington, LA, 70433

5 Bed
4 Bath
4943 sft

21 Hummingbird Rd, Covington, LA, 70433

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Covington at 73279 Military Rd, Covington, LA, 70435 projects strong ROI of 9.18%. Rental yield 3.81%. With 5% annual appreciation, the property builds $606,438 in value over five years. Equity growth combined delivers a projected five-year ROI of 45.21%, translating into $321,509 in total cumulative return on $711,180 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Single Family

Built in 1904

4.99 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70435, Covington, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,191 (100%)
Owner Occupied HU	7,325 (79.7%)
Renter Occupied HU	1,215 (13.2%)
Vacant Housing Units	651 ( 7.1%)
Median Home Value	$329,233
Average Home Value	$370,132