8724 Rosecrest Ln, River Ridge, LA, 70123 | 6.75% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,962/mo, and a $1,708/mo payment. Purchase price stands at $349,000, and rental yield measures 6.75% with $1,962/mo rent. Return on cash invested shows 17.84% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 91.76% and total cumulative return in cash records $106,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,962/mo property income covering a $1,708/mo payment rather than investor’s personal income.

Single Family

Built in 1977

7,200 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70123, New Orleans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,843 (100%)
Owner Occupied HU	7,431 (53.7%)
Renter Occupied HU	5,379 (38.9%)
Vacant Housing Units	1,033 ( 7.5%)
Median Home Value	$370,090
Average Home Value	$428,842