10659 Oak DrBastropLA71220
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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 Bastrop at 10659 Oak Dr, Bastrop, LA, 71220 generates $1,261/mo in rent and, after a $495/mo payment, leaves $620/mo in cash flow. Total monthly income is $1,261/mo, and annual cash flow is $7,445/yr on $33,515 invested. Return on cash invested sits at 42.12% in year one, and rental yield is 14.97% on a $101,100 entry. Equity gained on principal adds $652/yr, while 5% annual appreciation builds toward $27,932 over five years. Five-year ROI reaches 222.25% and total cumulative return in cash sums $74,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,261/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71220, Bastrop, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,728 (100%) |
| Owner Occupied HU | 5,466 (56.2%) |
| Renter Occupied HU | 2,971 (30.5%) |
| Vacant Housing Units | 1,291 (13.3%) |
| Median Home Value | $118,108 |
| Average Home Value | $154,806 |
Housing Distribution
Address Breakdown
Residential
9,554
Single Family
9,346
Multi-Family
208
Businesses
686
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