107 Octavia Dr, Scott, LA, 70583 | $468/mo Cash Flow

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Scott at 107 Octavia Dr, Scott, LA, 70583 priced at $235,000 pairs $1,923/mo rent with $468/mo cash flow after a $1,150/mo payment. Total monthly income equals $1,923/mo, and annual cash flow comes to $5,610/yr on $77,903 invested. Return on cash invested is 27.11% in year one, and rental yield stands at 9.82% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 141.49% and total cumulative return in cash reaches $110,224. For financing, Ziffy Mortgage’s DSCR program evaluates $1,923/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in N/A

6,098 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70583, Scott, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,284 (100%)
Owner Occupied HU	3,415 (64.6%)
Renter Occupied HU	1,258 (23.8%)
Vacant Housing Units	611 (11.6%)
Median Home Value	$211,772
Average Home Value	$220,934