8089 Darlene AveDenham 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
Rental property for sale in Denham Springs at 8089 Darlene Ave, Denham Springs, LA, 70706 offers $2,317/mo rent that, after a $1,703/mo payment, leaves $162/mo cash flow. Total monthly income is $2,317/mo, and annual cash flow is $1,939/yr on $115,362 cash. Return on cash invested measures 21.59% in year one, and rental yield stands at 7.99% at a $348,000 entry. Equity gained on principal adds $2,246/yr while 5% annual appreciation compounds into $96,146 by year five. Five-year ROI records 111.87% and total cumulative return in cash reaches $129,058. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,317/mo property income versus a $1,703/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
1 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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Nearby investment properties with comparable prices
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