118 Ocho Rios LnScottLA70583
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
Investment Highlights
Investment property for sale in Scott at 118 Ocho Rios Ln, Scott, LA, 70583 with 5% annual appreciation on a $210,000 basis while $1,956/mo rent supports operations. Total monthly income totals $1,956/mo and a $1,028/mo payment preserves $655/mo for cash returns. Annual cash flow comes to $7,860/yr on $69,615 deployed, and return on cash invested reaches 31.2% in year one. Equity gained on principal adds $1,355/yr, and five-year appreciation sums $58,019 alongside rental yield of 11.18%. Five-year ROI measures 163.38% and total cumulative return in cash totals $113,740.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,956/mo property income versus a $1,028/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices