1114 Cosay RdWashingtonLA70589
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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 Washington at 1114 Cosay Rd, Washington, LA, 70589 uses $48,034 cash to close to unlock $2,984/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,146/mo, and a $709/mo payment keeps the spread at $249/mo. Purchase price stands at $144,900, and rental yield measures 9.49% with $1,146/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 136.2% and total cumulative return in cash records $65,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,146/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70589, Washington, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,710 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 304 (17.8%) |
| Vacant Housing Units | 254 (14.9%) |
| Median Home Value | $165,446 |
| Average Home Value | $308,236 |
Housing Distribution
Address Breakdown
Residential
1,234
Single Family
1,234
Multi-Family
0
Businesses
67
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Listed by: Toni L Effingger • RE/MAX Excellence
Mls Name: RAA
Mls ID: #2500005322