8004 Blanchard RdRoanokeLA70581
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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
Investment property for sale in Roanoke at 8004 Blanchard Rd, Roanoke, LA, 70581 offers a 7.73% rental yield on a $495,000 purchase with $3,190/mo rent. Total monthly income registers $3,190/mo, and a $2,423/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $581/yr on $164,093 to close, and return on cash invested stands at 20.26% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 104.96% and total cumulative return in cash at $172,234. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,190/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70581, Roanoke, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 379 (100%) |
| Owner Occupied HU | 297 (78.4%) |
| Renter Occupied HU | 48 (12.7%) |
| Vacant Housing Units | 34 ( 9.0%) |
| Median Home Value | $171,528 |
| Average Home Value | $204,108 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
55
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Listed by: Amy Kratzer • The Key Group Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL25002093
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.