10997 Crye RdMer RougeLA71261
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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 Mer Rouge at 10997 Crye Rd, Mer Rouge, LA, 71261 uses $54,698 cash to close to unlock $5,574/yr annual cash flow and $465/mo monthly cash flow. Total monthly income runs $1,487/mo, and a $808/mo payment keeps the spread at $465/mo. Purchase price stands at $165,000, and rental yield measures 10.81% with $1,487/mo rent. Return on cash invested shows 30.1% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 157.54% and total cumulative return in cash records $86,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,487/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71261, Mer Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 844 (100%) |
| Owner Occupied HU | 473 (56.0%) |
| Renter Occupied HU | 176 (20.9%) |
| Vacant Housing Units | 195 (23.1%) |
| Median Home Value | $138,782 |
| Average Home Value | $157,061 |
Housing Distribution
Address Breakdown
Residential
601
Single Family
601
Multi-Family
0
Businesses
89
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