1156 Highway 1179CottonportLA71327
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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 Cottonport at 1156 Highway 1179, Cottonport, LA, 71327 offers a 6.13% rental yield on a $149,000 purchase with $761/mo rent. 98% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 81.86% and total cumulative return in cash at $40,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $761/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71327, Cottonport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 1,028 (58.5%) |
| Renter Occupied HU | 505 (28.7%) |
| Vacant Housing Units | 225 (12.8%) |
| Median Home Value | $136,000 |
| Average Home Value | $181,987 |
Housing Distribution
Address Breakdown
Residential
1,179
Single Family
1,179
Multi-Family
0
Businesses
81
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Listed by: Kyle Cullen-Nevils • Courville Realty
Mls Name: GCLRA
Mls ID: #2510129