106 Devall RdHackberryLA70645
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 106 Devall Rd, Hackberry, LA, 70645 in Hackberry is narrow, $176/mo net on $975/mo rent after the $580/mo debt service, but the property operates at break-even-plus, not a loss. At $129,000 with a 9.07% yield, the long-run equity case via 5% appreciation ($35,640 over five years) and $1,188/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $60,276.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $176 | $350 |
City averages based on Hackberry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $975 |
| Total Monthly Debt Service | $748 |
| DSCR Ratio | 1.30x |
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.
Manufactured
Built in 2020
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70645, Hackberry, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 504 (51.4%) |
| Renter Occupied HU | 37 ( 3.8%) |
| Vacant Housing Units | 440 (44.9%) |
| Median Home Value | $226,563 |
| Average Home Value | $220,149 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
617
Multi-Family
24
Businesses
52
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
Manufactured
Built in 2020
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70645, Hackberry, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 504 (51.4%) |
| Renter Occupied HU | 37 ( 3.8%) |
| Vacant Housing Units | 440 (44.9%) |
| Median Home Value | $226,563 |
| Average Home Value | $220,149 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
617
Multi-Family
24
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Morgan Denman • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL25000028
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.