8104 Main StSorrentoLA70778
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
Investment property for sale in Sorrento at 8104 Main St, Sorrento, LA, 70778 uses $52,675 cash to close to unlock $6,185/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $778/mo payment keeps the spread at $515/mo. Purchase price stands at $158,900, and rental yield measures 11.33% with $1,500/mo rent. Return on cash invested shows 31.65% in year one, and 5% annual appreciation builds toward $43,901 over five years. Five-year ROI reaches 165.85% and total cumulative return in cash records $87,364. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70778, Sorrento, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,274 (100%) |
| Owner Occupied HU | 1,007 (79.0%) |
| Renter Occupied HU | 154 (12.1%) |
| Vacant Housing Units | 113 ( 8.9%) |
| Median Home Value | $283,022 |
| Average Home Value | $329,682 |
Housing Distribution
Address Breakdown
Residential
1,071
Single Family
1,071
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon Hebert • Sharon Hebert & Associates
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025010010
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 2025 ROAM MLS.