8424 King DrDenham SpringsLA70726
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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
Investment property for sale in Denham Springs at 8424 King Dr, Denham Springs, LA, 70726 listed at $423,000 pairs $1,877/mo rent with a $2,070/mo payment. Total monthly income runs $1,877/mo. Return on cash invested measures 13.55% in year one, and rental yield registers 5.32% at a $423,000 basis. Equity gained on principal adds $2,730/yr, and annual property appreciation at 5% supports $116,867 by year five. Five-year ROI tracks 68.79% and total cumulative return in cash totals $96,457. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,877/mo property income relative to a $2,070/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70726, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,377 (100%) |
| Owner Occupied HU | 18,181 (68.9%) |
| Renter Occupied HU | 6,047 (22.9%) |
| Vacant Housing Units | 2,149 ( 8.1%) |
| Median Home Value | $245,059 |
| Average Home Value | $287,868 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
23,918
Multi-Family
1,878
Businesses
1,199
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