10 Ed Miller RdElmerLA71424
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 Elmer at 10 Ed Miller Rd, Elmer, LA, 71424 priced at $189,900 pairs $1,421/mo rent with $235/mo cash flow after a $929/mo payment. Total monthly income equals $1,421/mo, and annual cash flow comes to $2,822/yr on $62,952 invested. Return on cash invested is 24.39% in year one, and rental yield stands at 8.98% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 127.02% and total cumulative return in cash reaches $79,961. For financing, Ziffy Mortgage’s DSCR program evaluates $1,421/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71424, Elmer, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 468 (77.9%) |
| Renter Occupied HU | 55 ( 9.2%) |
| Vacant Housing Units | 78 (13.0%) |
| Median Home Value | $210,268 |
| Average Home Value | $223,413 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
13
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Listed by: ELAINE SETLIFF • LOUISIANA LAGNIAPPE REALTY, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2510152
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.