1173 Norris RdOakdaleLA71463
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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 Oakdale at 1173 Norris Rd, Oakdale, LA, 71463 earns $217/mo cash flow from $1,140/mo rent with a $729/mo payment. Total monthly income totals $1,140/mo, and annual cash flow totals $2,608/yr on $49,394 capital. ROI tracks 25.19% on current figures, and rental yield reads 9.18% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash sums $64,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.
Single Family
Built in 2019
4.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71463, Oakdale, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,756 (100%) |
| Owner Occupied HU | 2,143 (57.1%) |
| Renter Occupied HU | 994 (26.5%) |
| Vacant Housing Units | 619 (16.5%) |
| Median Home Value | $130,131 |
| Average Home Value | $187,190 |
Housing Distribution
Address Breakdown
Residential
3,189
Single Family
3,059
Multi-Family
130
Businesses
349
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