1309 Boney DrBallLA71405
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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
Investment property for sale in Ball at 1309 Boney Dr, Ball, LA, 71405 earns $340/mo cash flow from $1,423/mo rent with a $856/mo payment. Total monthly income totals $1,423/mo, and annual cash flow totals $4,076/yr on $57,979 capital. ROI tracks 26.94% on current figures, and rental yield reads 9.76% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 140.57% and total cumulative return in cash sums $81,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,423/mo property income instead of your personal income.
Single Family
Built in 1980
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71405, Ball, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,580 (63.2%) |
| Renter Occupied HU | 680 (27.2%) |
| Vacant Housing Units | 239 ( 9.6%) |
| Median Home Value | $210,841 |
| Average Home Value | $237,619 |
Housing Distribution
Address Breakdown
Residential
2,348
Single Family
2,348
Multi-Family
0
Businesses
172
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