917 N Main StLoreauvilleLA70552
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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 Loreauville at 917 N Main St, Loreauville, LA, 70552 uses $39,614 cash to close to unlock $2,120/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $917/mo, and a $585/mo payment keeps the spread at $177/mo. Purchase price stands at $119,500, and rental yield measures 9.21% with $917/mo rent. Return on cash invested shows 25.26% in year one, and 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 131.57% and total cumulative return in cash records $52,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $917/mo property income covering a $585/mo payment rather than investor’s personal income.
Single Family
Built in 1953
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70552, Loreauville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 544 (100%) |
| Owner Occupied HU | 369 (67.8%) |
| Renter Occupied HU | 91 (16.7%) |
| Vacant Housing Units | 84 (15.4%) |
| Median Home Value | $209,239 |
| Average Home Value | $221,741 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
72
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Listed by: Jared English • Congress Realty, Inc.
Mls Name: GSREIN
Mls ID: #2530373