115 Buck Meadow DrRustonLA71270
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 115 Buck Meadow Dr, Ruston, LA, 71270 in Ruston. At $385,000 it earns $2,690/mo in rent and distributes $265/mo to the owner after the $1,731/mo payment, a consistent 8.39% yield. DSCR 1.55 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $106,368 in value; $3,546/yr in principal paydown compounds ownership stake. Total projected return: $163,924.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.5% |
| Monthly Cash Flow | $265 | $800 |
City averages based on Ruston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,690 |
| Total Monthly Debt Service | $2,261 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2019
0.67 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71270, Ruston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 6,684 (43.8%) |
| Renter Occupied HU | 6,746 (44.2%) |
| Vacant Housing Units | 1,826 (12.0%) |
| Median Home Value | $233,923 |
| Average Home Value | $263,023 |
Housing Distribution
Address Breakdown
Residential
14,891
Single Family
13,882
Multi-Family
1,009
Businesses
1,277
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
Single Family
Built in 2019
0.67 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71270, Ruston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 6,684 (43.8%) |
| Renter Occupied HU | 6,746 (44.2%) |
| Vacant Housing Units | 1,826 (12.0%) |
| Median Home Value | $233,923 |
| Average Home Value | $263,023 |
Housing Distribution
Address Breakdown
Residential
14,891
Single Family
13,882
Multi-Family
1,009
Businesses
1,277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie White • Southern Grace Home & Property Group LLC
Mls Name: NTREIS
Mls ID: #20792753
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.