907 WestendNew RoadsLA70760
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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
Investment property for sale in New Roads at 907 Westend, New Roads, LA, 70760 offers a 9.53% rental yield on a $105,000 purchase with $834/mo rent. Total monthly income registers $834/mo, and a $514/mo payment leaves $184/mo available for distribution. Annual cash flow reaches $2,202/yr on $34,808 to close, and return on cash invested stands at 26.24% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 136.84% and total cumulative return in cash at $47,630. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70760, New Roads, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,365 (100%) |
| Owner Occupied HU | 1,698 (50.5%) |
| Renter Occupied HU | 1,005 (29.9%) |
| Vacant Housing Units | 662 (19.7%) |
| Median Home Value | $206,790 |
| Average Home Value | $240,428 |
Housing Distribution
Address Breakdown
Residential
2,730
Single Family
2,646
Multi-Family
84
Businesses
394
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