1009 Forest Ridge LoopPearl RiverLA70452
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Pearl River rentals match the income profile of 1009 Forest Ridge Loop, Pearl River, LA, 70452. Listed at $363,000, gross rent is $3,308/mo and net cash flow is $1,039/mo, a 10.94% yield well above national averages. DSCR 2.03 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $100,290 by year five with $3,343/yr in annual principal reduction, projecting $205,900 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.0% |
| Monthly Cash Flow | $1,039 | $300 |
City averages based on Pearl River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,308 |
| Total Monthly Debt Service | $2,104 |
| DSCR Ratio | 1.57x |
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.
Single Family
Built in 2005
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
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
Single Family
Built in 2005
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70452, Pearl River, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,901 (100%) |
| Owner Occupied HU | 4,286 (72.6%) |
| Renter Occupied HU | 1,067 (18.1%) |
| Vacant Housing Units | 548 ( 9.3%) |
| Median Home Value | $257,636 |
| Average Home Value | $259,868 |
Housing Distribution
Address Breakdown
Residential
5,546
Single Family
5,529
Multi-Family
17
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Candice Calamari • Calamari Realty
Mls Name: GSREIN
Mls ID: #2539024