Biltmore Plan, West VillageScottLA70583
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
Rental property for sale in Scott at Biltmore Plan, West Village, Scott, LA, 70583 priced at $453,000 converts $3,388/mo rent into $582/mo cash flow after a $2,217/mo obligation. Total monthly income equals $3,388/mo, and annual cash flow totals $6,985/yr on $150,170 invested. Return on cash invested prints 24.56% in year one, and rental yield reads 8.97% against a $453,000 entry. Equity gained on principal adds $2,923/yr, while 5% annual appreciation compiles into $125,156 by year five. Five-year ROI reaches 127.82% and total cumulative return in cash sums $191,940. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,388/mo property income covering a $2,217/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices