12513 Winter Ridge DrWalkerLA70785
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 12513 Winter Ridge Dr, Walker, LA, 70785 in Walker at $346,000 earns $2,322/mo in rent and nets $179/mo after the $1,556/mo payment, a 8.05% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $95,593 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $3,187/yr in principal paydown, total projected return reaches $142,729.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.8% |
| Monthly Cash Flow | $179 | $650 |
City averages based on Walker market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,322 |
| Total Monthly Debt Service | $2,006 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2007
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70785, Walker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,687 (100%) |
| Owner Occupied HU | 7,148 (73.8%) |
| Renter Occupied HU | 1,802 (18.6%) |
| Vacant Housing Units | 737 ( 7.6%) |
| Median Home Value | $255,631 |
| Average Home Value | $286,492 |
Housing Distribution
Address Breakdown
Residential
9,239
Single Family
8,993
Multi-Family
246
Businesses
508
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 2007
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70785, Walker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,687 (100%) |
| Owner Occupied HU | 7,148 (73.8%) |
| Renter Occupied HU | 1,802 (18.6%) |
| Vacant Housing Units | 737 ( 7.6%) |
| Median Home Value | $255,631 |
| Average Home Value | $286,492 |
Housing Distribution
Address Breakdown
Residential
9,239
Single Family
8,993
Multi-Family
246
Businesses
508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices