1086-9A Victoria Riverside RdPattersonLA70392
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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 Patterson at 1086-9A Victoria Riverside Rd, Patterson, LA, 70392 generates $1,418/mo in rent, after a $1,458/mo payment. Total monthly income is $1,418/mo. Return on cash invested sits at 14.72% in year one, and rental yield is 5.71% on a $297,900 entry. Equity gained on principal adds $1,922/yr, while 5% annual appreciation builds toward $82,304 over five years. Five-year ROI reaches 75.01% and total cumulative return in cash sums $74,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,418/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70392, Patterson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,602 (100%) |
| Owner Occupied HU | 2,219 (61.6%) |
| Renter Occupied HU | 958 (26.6%) |
| Vacant Housing Units | 425 (11.8%) |
| Median Home Value | $155,885 |
| Average Home Value | $217,986 |
Housing Distribution
Address Breakdown
Residential
2,577
Single Family
2,569
Multi-Family
8
Businesses
202
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Listed by: Kim Haines • ASSOCIATES OF PREFERRED REALTY, INC.
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024008014
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. Copyright 2025 ROAM MLS.