813 Clayton DrNorcoLA70079
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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
Rental property for sale in Norco at 813 Clayton Dr, Norco, LA, 70079 priced at $288,500 converts $2,130/mo rent into $343/mo cash flow after a $1,412/mo obligation. Total monthly income equals $2,130/mo, and annual cash flow totals $4,115/yr on $95,638 invested. Return on cash invested prints 24.21% in year one, and rental yield reads 8.86% against a $288,500 entry. Equity gained on principal adds $1,862/yr, while 5% annual appreciation compiles into $79,707 by year five. Five-year ROI reaches 125.93% and total cumulative return in cash sums $120,433. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,130/mo property income covering a $1,412/mo payment, not borrower’s personal income.
Single Family
Built in 1960
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70079, Norco, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 963 (73.8%) |
| Renter Occupied HU | 223 (17.1%) |
| Vacant Housing Units | 118 ( 9.0%) |
| Median Home Value | $241,700 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,219
Multi-Family
12
Businesses
115
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