8 Poverty Point PkwyDelhiLA71232
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
Investment Highlights
Rental property for sale in Delhi at 8 Poverty Point Pkwy, Delhi, LA, 71232 priced at $569,000 converts $2,404/mo rent into after a $2,785/mo obligation. Total monthly income equals $2,404/mo. Return on cash invested prints 12.88% in year one, and rental yield reads 5.07% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 65.11% and total cumulative return in cash sums $121,895. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,404/mo property income covering a $2,785/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71232, Delhi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,888 (100%) |
| Owner Occupied HU | 1,739 (60.2%) |
| Renter Occupied HU | 757 (26.2%) |
| Vacant Housing Units | 392 (13.6%) |
| Median Home Value | $156,663 |
| Average Home Value | $217,785 |
Housing Distribution
Address Breakdown
Residential
2,604
Single Family
2,540
Multi-Family
64
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices