1006 S 5th StIotaLA70543
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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
Investment property for sale in Iota at 1006 S 5th St, Iota, LA, 70543 earns $88/mo cash flow from $1,346/mo rent with a $994/mo payment. Total monthly income totals $1,346/mo, and annual cash flow totals $1,057/yr on $67,295 capital. ROI tracks 21.48% on current figures, and rental yield reads 7.96% at a $203,000 purchase. Equity gained on principal adds $1,310/yr, and 5% annual appreciation supports $56,085 over five years. Five-year ROI reaches 111.35% and total cumulative return in cash sums $74,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,346/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70543, Iota, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,141 (69.6%) |
| Renter Occupied HU | 352 (21.5%) |
| Vacant Housing Units | 147 ( 9.0%) |
| Median Home Value | $224,182 |
| Average Home Value | $236,356 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
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