10309 Oklahoma StBastropLA71220
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
Investment property for sale in Bastrop at 10309 Oklahoma St, Bastrop, LA, 71220 offers a 8.35% rental yield on a $209,900 purchase with $1,461/mo rent. Total monthly income registers $1,461/mo, and a $1,027/mo payment leaves $161/mo available for distribution. Annual cash flow reaches $1,934/yr on $69,582 to close, and return on cash invested stands at 22.69% in year one. Equity gained on principal adds $1,354/yr while 5% annual appreciation supports $57,992 over five years. Portfolio math shows five-year ROI at 117.82% and total cumulative return in cash at $81,980. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,461/mo property income against a $1,027/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71220, Bastrop, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,728 (100%) |
| Owner Occupied HU | 5,466 (56.2%) |
| Renter Occupied HU | 2,971 (30.5%) |
| Vacant Housing Units | 1,291 (13.3%) |
| Median Home Value | $118,108 |
| Average Home Value | $154,806 |
Housing Distribution
Address Breakdown
Residential
9,554
Single Family
9,346
Multi-Family
208
Businesses
686
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Nearby investment properties with comparable prices
Listed by: Barbara Swanner • Coldwell Banker Group One Realty
Mls Name: NELAR
Mls Provider:
Mls ID: #214677
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