1206 Highway 1240MontgomeryLA71454
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing1206 Highway 1240, Montgomery, LA, 71454 in Montgomery is a stable, well-positioned rental at $246,000. Rental yield 6.72%. DSCR 1.25 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $67,965 in value and $2,266/yr in principal paydown builds equity, a total projected return of $83,948.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.0% |
| Monthly Cash Flow | $(146) | $400 |
City averages based on Montgomery market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,378 |
| Total Monthly Debt Service | $1,426 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71454, Montgomery, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 726 (60.2%) |
| Renter Occupied HU | 222 (18.4%) |
| Vacant Housing Units | 257 (21.3%) |
| Median Home Value | $123,387 |
| Average Home Value | $156,570 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
848
Multi-Family
0
Businesses
39
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
Single Family
Built in 1972
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71454, Montgomery, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,205 (100%) |
| Owner Occupied HU | 726 (60.2%) |
| Renter Occupied HU | 222 (18.4%) |
| Vacant Housing Units | 257 (21.3%) |
| Median Home Value | $123,387 |
| Average Home Value | $156,570 |
Housing Distribution
Address Breakdown
Residential
848
Single Family
848
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LISA SALTER • COLDWELL BANKER REAP REALTY
Mls Name: GCLRA
Mls ID: #2541032