Lanier Plan, West VillageScottLA70583
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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
Rental property for sale in Scott at Lanier Plan, West Village, Scott, LA, 70583 priced at $409,000 pairs $1,440/mo rent with after a $2,002/mo payment. Total monthly income equals $1,440/mo. Return on cash invested is 10.23% in year one, and rental yield stands at 4.22% on a $409,000 basis. Equity gained on principal adds $2,639/yr, and 5% annual appreciation accumulates to $112,999 by year five. Five-year ROI measures 50.96% and total cumulative return in cash reaches $69,093. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $2,002/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: 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
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