949 C C Sandidge RdElm GroveLA71051
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
Investment Highlights
Investment property for sale in Elm Grove at 949 C C Sandidge Rd, Elm Grove, LA, 71051 earns $170/mo cash flow from $795/mo rent with a $494/mo payment. Total monthly income totals $795/mo, and annual cash flow totals $2,038/yr on $33,448 capital. ROI tracks 26% on current figures, and rental yield reads 9.45% at a $100,900 purchase. Equity gained on principal adds $651/yr, and 5% annual appreciation supports $27,877 over five years. Five-year ROI reaches 135.54% and total cumulative return in cash sums $45,335. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $795/mo property income instead of your personal income.
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