7517 E Driftwood DrVentressLA70783
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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 Ventress at 7517 E Driftwood Dr, Ventress, LA, 70783 generates $1,080/mo in rent and, after a $773/mo payment, leaves $102/mo in cash flow. Total monthly income is $1,080/mo, and annual cash flow is $1,219/yr on $52,377 invested. Return on cash invested sits at 22.24% in year one, and rental yield is 8.2% on a $158,000 entry. Equity gained on principal adds $1,020/yr, while 5% annual appreciation builds toward $43,652 over five years. Five-year ROI reaches 115.35% and total cumulative return in cash sums $60,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,080/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70783, Ventress, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,623 (100%) |
| Owner Occupied HU | 870 (53.6%) |
| Renter Occupied HU | 197 (12.1%) |
| Vacant Housing Units | 556 (34.3%) |
| Median Home Value | $322,488 |
| Average Home Value | $327,006 |
Housing Distribution
Address Breakdown
Residential
1,084
Single Family
1,084
Multi-Family
0
Businesses
17
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