9992 Chanel DrDenham SpringsLA70706
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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 Denham Springs at 9992 Chanel Dr, Denham Springs, LA, 70706 uses $81,284 cash to close to unlock $560/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $1,584/mo, and a $1,200/mo payment keeps the spread at $47/mo. Purchase price stands at $245,200, and rental yield measures 7.75% with $1,584/mo rent. Return on cash invested shows 20.6% in year one, and 5% annual appreciation builds toward $67,744 over five years. Five-year ROI reaches 106.65% and total cumulative return in cash records $86,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,584/mo property income covering a $1,200/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
$10 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
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