7843 Cutt Pointe 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 7843 Cutt Pointe Dr, Ventress, LA, 70783 priced at $1,099,123 converts $1,080/mo rent into after a $5,380/mo obligation. Total monthly income equals $1,080/mo. Return on cash invested prints 1.07% in year one, and rental yield reads 1.18% against a $1,099,123 entry. Equity gained on principal adds $7,092/yr, while 5% annual appreciation compiles into $303,667 by year five. Five-year ROI reaches 1.71% and total cumulative return in cash sums $6,092. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $5,380/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,791 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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Listed by: Gary Hollier • Hollier Real Estate
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024007268
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. Copyright 2024 ROAM MLS.