Romeno V B 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 Romeno V B Plan, Sugar Mill Plantation, Addis, LA, 70710 generates $1,941/mo in rent and, after a $1,356/mo payment, leaves $225/mo in cash flow. Total monthly income is $1,941/mo, and annual cash flow is $2,699/yr on $91,822 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 8.41% on a $276,990 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation builds toward $76,527 over five years. Five-year ROI reaches 118.6% and total cumulative return in cash sums $108,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,941/mo property income rather than buyer’s personal income.
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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