1102 Wilmuth StBogalusaLA70427
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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 Bogalusa at 1102 Wilmuth St, Bogalusa, LA, 70427 uses $46,079 cash to close to unlock $2,308/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,053/mo, and a $680/mo payment keeps the spread at $192/mo. Purchase price stands at $139,000, and rental yield measures 9.09% with $1,053/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash records $59,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,053/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70427, Bogalusa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,249 (100%) |
| Owner Occupied HU | 4,865 (52.6%) |
| Renter Occupied HU | 2,563 (27.7%) |
| Vacant Housing Units | 1,821 (19.7%) |
| Median Home Value | $129,834 |
| Average Home Value | $164,962 |
Housing Distribution
Address Breakdown
Residential
8,408
Single Family
8,323
Multi-Family
85
Businesses
695
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