118 Devall RdHackberryLA70645
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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 Hackberry at 118 Devall Rd, Hackberry, LA, 70645 uses $51,383 cash to close to unlock $3,102/yr annual cash flow and $259/mo monthly cash flow. Total monthly income runs $1,219/mo, and a $759/mo payment keeps the spread at $259/mo. Purchase price stands at $155,000, and rental yield measures 9.44% with $1,219/mo rent. Return on cash invested shows 25.95% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 135.3% and total cumulative return in cash records $69,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,219/mo property income covering a $759/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70645, Hackberry, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 504 (51.4%) |
| Renter Occupied HU | 37 ( 3.8%) |
| Vacant Housing Units | 440 (44.9%) |
| Median Home Value | $226,563 |
| Average Home Value | $220,149 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
617
Multi-Family
24
Businesses
52
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