1072 Longstraw RdChoudrantLA71227
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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
Investment property for sale in Choudrant at 1072 Longstraw Rd, Choudrant, LA, 71227 offers a 9.63% rental yield on a $110,000 purchase with $883/mo rent. Total monthly income registers $883/mo, and a $538/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,424/yr on $36,465 to close, and return on cash invested stands at 26.56% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 138.48% and total cumulative return in cash at $50,496. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $883/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71227, Choudrant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,460 (74.6%) |
| Renter Occupied HU | 313 (16.0%) |
| Vacant Housing Units | 183 ( 9.4%) |
| Median Home Value | $273,270 |
| Average Home Value | $302,488 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
82
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