1249 Thomas Loop, Oak Grove, LA, 71263 | $254/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Oak Grove at 1249 Thomas Loop, Oak Grove, LA, 71263 uses $71,273 cash to close to unlock $3,042/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $1,585/mo, and a $1,052/mo payment keeps the spread at $254/mo. Purchase price stands at $215,000, and rental yield measures 8.85% with $1,585/mo rent. Return on cash invested shows 24.18% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash records $89,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,585/mo property income covering a $1,052/mo payment rather than investor’s personal income.

Single Family

Built in N/A

2 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71263, Oak Grove, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,559 (100%)
Owner Occupied HU	2,393 (67.2%)
Renter Occupied HU	703 (19.8%)
Vacant Housing Units	463 (13.0%)
Median Home Value	$115,544
Average Home Value	$142,947