105 Cedar Hill DrWashingtonLA70589
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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
Rental property for sale in Washington at 105 Cedar Hill Dr, Washington, LA, 70589 priced at $285,000 converts $0/mo rent into after a $1,395/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.52% in year one, and rental yield reads 0% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in N/A
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70589, Washington, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 304 (17.8%) |
| Vacant Housing Units | 254 (14.9%) |
| Median Home Value | $165,446 |
| Average Home Value | $308,236 |
Housing Distribution
Address Breakdown
Residential
1,234
Single Family
1,234
Multi-Family
0
Businesses
67
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Merrie Chris Leger • RE/MAX Acadiana
Mls Name: RAA
Mls ID: #2500005683