123 Lockfield LnScottLA70583
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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 123 Lockfield Ln, Scott, LA, 70583 at $242,000 posts ROI 23.13% with $215/mo cash flow from $1,714/mo rent. Total monthly income equals $1,714/mo, and annual cash flow records $2,585/yr on $80,223 to close. Return on cash invested measures 23.13% and rental yield reads 8.5% at the current $242,000. Equity gained on principal adds $1,562/yr, and 5% annual appreciation supports $66,860 by year five. Five-year ROI prints 120.15% and total cumulative return in cash totals $96,390.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,714/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1 Acres 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
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