Harmand III A Plan, Sugar Mill PlantationAddisLA70710
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 Addis at Harmand III A Plan, Sugar Mill Plantation, Addis, LA, 70710 priced at $350,990 pairs $3,510/mo rent with $1,336/mo cash flow after a $1,718/mo payment. Total monthly income equals $3,510/mo, and annual cash flow comes to $16,029/yr on $116,353 invested. Return on cash invested is 33.68% in year one, and rental yield stands at 12% on a $350,990 basis. Equity gained on principal adds $2,265/yr, and 5% annual appreciation accumulates to $96,972 by year five. Five-year ROI measures 176.73% and total cumulative return in cash reaches $205,633. For financing, Ziffy Mortgage’s DSCR program evaluates $3,510/mo property income against a $1,718/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70710, Addis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,398 (100%) |
| Owner Occupied HU | 2,129 (62.7%) |
| Renter Occupied HU | 842 (24.8%) |
| Vacant Housing Units | 427 (12.6%) |
| Median Home Value | $237,102 |
| Average Home Value | $237,637 |
Housing Distribution
Address Breakdown
Residential
3,278
Single Family
2,719
Multi-Family
559
Businesses
103
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