900 Provost St APT 22ScottLA70583
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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 Scott at 900 Provost St APT 22, Scott, LA, 70583 generates $1,419/mo in rent and, after a $602/mo payment, leaves $587/mo in cash flow. Total monthly income is $1,419/mo, and annual cash flow is $7,043/yr on $40,775 invested. Return on cash invested sits at 37.18% in year one, and rental yield is 13.84% on a $123,000 entry. Equity gained on principal adds $794/yr, while 5% annual appreciation builds toward $33,983 over five years. Five-year ROI reaches 196.21% and total cumulative return in cash sums $80,005. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,419/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
1,742 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
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Nearby investment properties with comparable prices
Listed by: Anna Ward • Reliance Real Estate Group
Mls Name: RAA
Mls Provider:
Mls ID: #2020022941
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2025-04-17 11:12:23 PDT