1129 Holloman StOllaLA71465
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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 Olla at 1129 Holloman St, Olla, LA, 71465 uses $95,969 cash to close to unlock $1,928/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,954/mo, and a $1,417/mo payment keeps the spread at $161/mo. Purchase price stands at $289,500, and rental yield measures 8.1% with $1,954/mo rent. Return on cash invested shows 21.92% in year one, and 5% annual appreciation builds toward $79,984 over five years. Five-year ROI reaches 113.61% and total cumulative return in cash records $109,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,954/mo property income covering a $1,417/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71465, Olla, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,580 (100%) |
| Owner Occupied HU | 1,003 (63.5%) |
| Renter Occupied HU | 287 (18.2%) |
| Vacant Housing Units | 290 (18.4%) |
| Median Home Value | $112,416 |
| Average Home Value | $146,712 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
1,051
Multi-Family
79
Businesses
91
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Listed by: DANA CHAPMAN • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls Provider:
Mls ID: #2483357
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.