1059 Highway 843KellyLA71441
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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
Investment property for sale in Kelly at 1059 Highway 843, Kelly, LA, 71441 earns $638/mo cash flow from $1,933/mo rent with a $1,023/mo payment. Total monthly income totals $1,933/mo, and annual cash flow totals $7,660/yr on $69,284 capital. ROI tracks 30.96% on current figures, and rental yield reads 11.1% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 162.19% and total cumulative return in cash sums $112,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,933/mo property income instead of your personal income.
Single Family
Built in 1972
3.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71441, Kelly, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 232 (75.8%) |
| Renter Occupied HU | 30 ( 9.8%) |
| Vacant Housing Units | 44 (14.4%) |
| Median Home Value | $137,500 |
| Average Home Value | $176,627 |
Housing Distribution
Address Breakdown
Residential
258
Single Family
258
Multi-Family
0
Businesses
6
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