949 C C Sandidge RdElm GroveLA71051
INVESTMENT ANALYSIS
Investment Verdict
Solid Income949 C C Sandidge Rd, Elm Grove, LA, 71051 in Elm Grove earns a respectable 9.45% gross yield at $100,900, but after the $454/mo mortgage the net cash flow is $170/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.75) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $27,877 over five years, making equity the dominant return driver. Total projected return: $49,189.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $170 | $350 |
City averages based on Elm Grove market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $795 |
| Total Monthly Debt Service | $585 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2019
2.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71051, Elm Grove, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 703 (67.6%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 215 (20.7%) |
| Median Home Value | $208,673 |
| Average Home Value | $228,033 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
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
Manufactured
Built in 2019
2.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71051, Elm Grove, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 703 (67.6%) |
| Renter Occupied HU | 122 (11.7%) |
| Vacant Housing Units | 215 (20.7%) |
| Median Home Value | $208,673 |
| Average Home Value | $228,033 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices