106 Devall RdHackberryLA70645
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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 Hackberry at 106 Devall Rd, Hackberry, LA, 70645 priced at $129,000 pairs $975/mo rent with $176/mo cash flow after a $631/mo payment. Total monthly income equals $975/mo, and annual cash flow comes to $2,116/yr on $42,764 invested. Return on cash invested is 24.86% in year one, and rental yield stands at 9.07% on a $129,000 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,640 by year five. Five-year ROI measures 129.45% and total cumulative return in cash reaches $55,357. For financing, Ziffy Mortgage’s DSCR program evaluates $975/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
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
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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.