10297 McElroy DrKeithvilleLA71047
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.13% yield at 10297 McElroy Dr, Keithville, LA, 71047 in Keithville is solid, but the $585/mo payment compresses net cash flow to $184/mo at $130,200. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $35,972 by year five, and $1,199/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.69) without U.S. income documentation. Total projected return: $61,294.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $184 | $300 |
City averages based on Keithville market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $991 |
| Total Monthly Debt Service | $755 |
| DSCR Ratio | 1.31x |
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.
Manufactured
Built in 2020
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71047, Keithville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,567 (75.6%) |
| Renter Occupied HU | 648 (13.7%) |
| Vacant Housing Units | 506 (10.7%) |
| Median Home Value | $213,714 |
| Average Home Value | $230,569 |
Housing Distribution
Address Breakdown
Residential
4,713
Single Family
4,679
Multi-Family
34
Businesses
167
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
Manufactured
Built in 2020
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71047, Keithville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,567 (75.6%) |
| Renter Occupied HU | 648 (13.7%) |
| Vacant Housing Units | 506 (10.7%) |
| Median Home Value | $213,714 |
| Average Home Value | $230,569 |
Housing Distribution
Address Breakdown
Residential
4,713
Single Family
4,679
Multi-Family
34
Businesses
167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NTREIS
Mls ID: #21363060