120 Rogers RdConverseLA71419
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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 Converse at 120 Rogers Rd, Converse, LA, 71419 at $214,900 posts ROI 29.18% with $551/mo cash flow from $1,882/mo rent. Total monthly income equals $1,882/mo, and annual cash flow records $6,608/yr on $71,239 to close. Return on cash invested measures 29.18% and rental yield reads 10.51% at the current $214,900. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 by year five. Five-year ROI prints 152.62% and total cumulative return in cash totals $108,726.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,882/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71419, Converse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,082 (100%) |
| Owner Occupied HU | 688 (63.6%) |
| Renter Occupied HU | 138 (12.8%) |
| Vacant Housing Units | 256 (23.7%) |
| Median Home Value | $114,412 |
| Average Home Value | $195,799 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
32
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