7618 Thames DrDenham SpringsLA70706
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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 Denham Springs at 7618 Thames Dr, Denham Springs, LA, 70706 uses $53,007 cash to close to unlock $2,786/yr annual cash flow and $232/mo monthly cash flow. Total monthly income runs $1,223/mo, and a $783/mo payment keeps the spread at $232/mo. Purchase price stands at $159,900, and rental yield measures 9.18% with $1,223/mo rent. Return on cash invested shows 25.16% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 131.11% and total cumulative return in cash records $69,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,223/mo property income covering a $783/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
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Listed by: Tyler LaBauve • NexaEdge Realty Partners LLC
Mls Name: ROAM MLS
Mls ID: #2025019109