109 Elm Ln, Amite, LA, 70422 | 5.07% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
4 Bath
2955 sft

60388 Highway 1054, Amite, LA, 70422

3 Bed
3 Bath
2100 sft

25129 Corban Ln, Amite, LA, 70422

3 Bed
3 Bath
2292 sft

60181 Anderson Ln, Amite, LA, 70422

3 Bed
2 Bath
1428 sft

62138 Friendship Church Rd, Amite, LA, 70422

Nearby investment properties with comparable prices

3 Bed
2 Bath
1238 sft

28699 Ross Trl, Albany, LA, 70711

3 Bed
2 Bath
2000 sft

819 J W Davis Dr, Hammond, LA, 70403

3 Bed
1 Bath
1368 sft

118 Ruth Dr, Hammond, LA, 70401

3 Bed
1 Bath
1519 sft

816 Avenue C, Kentwood, LA, 70444

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Amite at 109 Elm Ln, Amite, LA, 70422 priced at $135,000 pairs $570/mo rent with after a $661/mo payment. Total monthly income equals $570/mo. Return on cash invested is 12.76% in year one, and rental yield stands at 5.07% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 64.6% and total cumulative return in cash reaches $28,909. For financing, Ziffy Mortgage’s DSCR program evaluates $570/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1985

1.03 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70422, Amite, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,882 (100%)
Owner Occupied HU	3,812 (64.8%)
Renter Occupied HU	1,264 (21.5%)
Vacant Housing Units	806 (13.7%)
Median Home Value	$193,750
Average Home Value	$232,914