74307 Jack Lloyd RdAbita SpringsLA70420
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 74307 Jack Lloyd Rd, Abita Springs, LA, 70420 in Abita Springs fits: $395,000, 4.43% gross yield, and a projected 5% annual appreciation rate adding $109,131 in value within five years. Rental yield 4.43%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.82) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,638/yr in principal paydown and $109,131 in appreciation project a total return of $86,196.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.5% |
| Monthly Cash Flow | $(989) | $350 |
City averages based on Abita Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,458 |
| Total Monthly Debt Service | $2,290 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
3 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1980
3 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Rice • Berkshire Hathaway HomeServices Preferred, REALTOR
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496636
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.