111 S Gate DrPonchatoulaLA70454
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ponchatoula at 111 S Gate Dr, Ponchatoula, LA, 70454 priced at $185,000 converts $1,478/mo rent into $333/mo cash flow after a $905/mo obligation. Total monthly income equals $1,478/mo, and annual cash flow totals $3,990/yr on $61,328 invested. Return on cash invested prints 26.42% in year one, and rental yield reads 9.59% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 137.78% and total cumulative return in cash sums $84,495. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,478/mo property income covering a $905/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70454, Ponchatoula, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,026 (100%) |
| Owner Occupied HU | 11,220 (74.7%) |
| Renter Occupied HU | 2,717 (18.1%) |
| Vacant Housing Units | 1,089 ( 7.2%) |
| Median Home Value | $234,027 |
| Average Home Value | $258,589 |
Housing Distribution
Address Breakdown
Residential
14,785
Single Family
14,597
Multi-Family
188
Businesses
610
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Listed by: Lisa Oliver • Compass - Perkins
Mls Name: ROAM MLS
Mls ID: #2025016387