1059 Highway 843KellyLA71441
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 1059 Highway 843, Kelly, LA, 71441 in Kelly: $1,933/mo in rent, $636/mo net, 11.1% gross yield, all on a $209,000 acquisition. The 2.06 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $57,743 in value, and $1,925/yr in principal paydown steadily builds equity. Projected total cumulative return: $120,362.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.5% |
| Monthly Cash Flow | $636 | $1,100 |
City averages based on Kelly market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,933 |
| Total Monthly Debt Service | $1,211 |
| DSCR Ratio | 1.60x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices