126 Coorpender DrDoylineLA71023
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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
Rental property for sale in Doyline at 126 Coorpender Dr, Doyline, LA, 71023 priced at $182,000 converts $1,432/mo rent into $304/mo cash flow after a $891/mo obligation. Total monthly income equals $1,432/mo, and annual cash flow totals $3,653/yr on $60,333 invested. Return on cash invested prints 25.96% in year one, and rental yield reads 9.44% against a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation compiles into $50,283 by year five. Five-year ROI reaches 135.36% and total cumulative return in cash sums $81,669. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,432/mo property income covering a $891/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71023, Doyline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,815 (100%) |
| Owner Occupied HU | 1,153 (63.5%) |
| Renter Occupied HU | 258 (14.2%) |
| Vacant Housing Units | 404 (22.3%) |
| Median Home Value | $120,313 |
| Average Home Value | $207,298 |
Housing Distribution
Address Breakdown
Residential
1,347
Single Family
1,323
Multi-Family
24
Businesses
59
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Listed by: Debra Lindsey • Better Homes And Gardens RE Lindsey Realty
Mls Name: NTREIS
Mls ID: #20747650
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.