120 Douglas LnChoudrantLA71227
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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 Choudrant at 120 Douglas Ln, Choudrant, LA, 71227 uses $77,737 cash to close to unlock $4,442/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $1,148/mo payment keeps the spread at $370/mo. Purchase price stands at $234,500, and rental yield measures 9.33% with $1,823/mo rent. Return on cash invested shows 25.62% in year one, and 5% annual appreciation builds toward $64,788 over five years. Five-year ROI reaches 133.55% and total cumulative return in cash records $103,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $1,148/mo payment rather than investor’s personal income.
Single Family
Built in 2020
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71227, Choudrant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,460 (74.6%) |
| Renter Occupied HU | 313 (16.0%) |
| Vacant Housing Units | 183 ( 9.4%) |
| Median Home Value | $273,270 |
| Average Home Value | $302,488 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
82
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