1128 Friendly RdLake ProvidenceLA71254
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Lake Providence at 1128 Friendly Rd, Lake Providence, LA, 71254 projects strong ROI of 2.32%. Rental yield 1.69%. With 5% annual appreciation, the property builds $779,667 in value over five years. Equity growth combined delivers a projected five-year ROI of 25.2%, translating into $200,911 in total cumulative return on $797,215 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.7% | 6.0% |
| Monthly Cash Flow | $(13,508) | $400 |
City averages based on Lake Providence market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,973 |
| Total Monthly Debt Service | $16,358 |
| DSCR Ratio | 0.24x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
680 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71254, Lake Providence, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,435 (100%) |
| Owner Occupied HU | 1,163 (47.8%) |
| Renter Occupied HU | 889 (36.5%) |
| Vacant Housing Units | 383 (15.7%) |
| Median Home Value | $101,206 |
| Average Home Value | $155,578 |
Housing Distribution
Address Breakdown
Residential
2,323
Single Family
2,120
Multi-Family
203
Businesses
311
Nearby investment properties with comparable rents
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
Single Family
Built in N/A
680 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71254, Lake Providence, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,435 (100%) |
| Owner Occupied HU | 1,163 (47.8%) |
| Renter Occupied HU | 889 (36.5%) |
| Vacant Housing Units | 383 (15.7%) |
| Median Home Value | $101,206 |
| Average Home Value | $155,578 |
Housing Distribution
Address Breakdown
Residential
2,323
Single Family
2,120
Multi-Family
203
Businesses
311
Nearby investment properties with comparable rents
Listed by: Greg Clearman • National Land Realty, Central LA
Mls Name: My State MLS
Mls ID: #11615455