0 Neva Ln #21GlosterLA71030
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 0 Neva Ln #21, Gloster, LA, 71030 in Gloster deserves attention. This $125,000 property earns $2,161/mo in rent, a 20.75% gross yield, and nets $1,387/mo after the $562/mo payment. DSCR 3.85 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $34,535 compounds alongside $1,151/yr in yearly equity build, for a total cumulative return of $136,675.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.8% | 6.0% |
| Monthly Cash Flow | $1,387 | $850 |
City averages based on Gloster market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,161 |
| Total Monthly Debt Service | $725 |
| DSCR Ratio | 2.98x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71030, Gloster, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 440 (73.7%) |
| Renter Occupied HU | 68 (11.4%) |
| Vacant Housing Units | 89 (14.9%) |
| Median Home Value | $269,481 |
| Average Home Value | $311,597 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
617
Multi-Family
31
Businesses
24
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
Lot
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71030, Gloster, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 440 (73.7%) |
| Renter Occupied HU | 68 (11.4%) |
| Vacant Housing Units | 89 (14.9%) |
| Median Home Value | $269,481 |
| Average Home Value | $311,597 |
Housing Distribution
Address Breakdown
Residential
648
Single Family
617
Multi-Family
31
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hayli Cagle • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20314162
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.