1111 Mockingbird LnOakdaleLA71463
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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 Oakdale at 1111 Mockingbird Ln, Oakdale, LA, 71463 uses $48,366 cash to close to unlock $4,516/yr annual cash flow and $376/mo monthly cash flow. Total monthly income runs $1,280/mo, and a $714/mo payment keeps the spread at $376/mo. Purchase price stands at $145,900, and rental yield measures 10.53% with $1,280/mo rent. Return on cash invested shows 29.25% in year one, and 5% annual appreciation builds toward $40,309 over five years. Five-year ROI reaches 152.99% and total cumulative return in cash records $73,995. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,280/mo property income covering a $714/mo payment rather than investor’s personal income.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71463, Oakdale, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,756 (100%) |
| Owner Occupied HU | 2,143 (57.1%) |
| Renter Occupied HU | 994 (26.5%) |
| Vacant Housing Units | 619 (16.5%) |
| Median Home Value | $130,131 |
| Average Home Value | $187,190 |
Housing Distribution
Address Breakdown
Residential
3,189
Single Family
3,059
Multi-Family
130
Businesses
349
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