1039 Craig StVille PlatteLA70586
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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
Total monthly income runs $821/mo, and a $680/mo payment. Purchase price stands at $139,000, and rental yield measures 7.09% with $821/mo rent. Return on cash invested shows 18.88% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 97.37% and total cumulative return in cash records $44,864. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $821/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70586, Ville Platte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,614 (100%) |
| Owner Occupied HU | 5,749 (59.8%) |
| Renter Occupied HU | 2,652 (27.6%) |
| Vacant Housing Units | 1,213 (12.6%) |
| Median Home Value | $154,012 |
| Average Home Value | $178,620 |
Housing Distribution
Address Breakdown
Residential
8,427
Single Family
8,052
Multi-Family
375
Businesses
659
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Listed by: Elaina Thrasher • EXP Realty, LLC
Mls Name: RAA
Mls ID: #2500005447