131 Hickory StReserveLA70084
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 131 Hickory St, Reserve, LA, 70084 in Reserve is straightforward: $145,000 in, $1,113/mo in rent, $215/mo out after debt service. The 9.21% gross yield and 1.71 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $40,061 by year five. With $1,335/yr in principal equity, the total cumulative return is projected at $68,830.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $215 | $650 |
City averages based on Reserve market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,113 |
| Total Monthly Debt Service | $841 |
| DSCR Ratio | 1.32x |
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 1980
4,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70084, Reserve, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,872 (63.8%) |
| Renter Occupied HU | 617 (21.0%) |
| Vacant Housing Units | 444 (15.1%) |
| Median Home Value | $168,519 |
| Average Home Value | $185,685 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,420
Multi-Family
0
Businesses
206
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 1980
4,795 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70084, Reserve, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,872 (63.8%) |
| Renter Occupied HU | 617 (21.0%) |
| Vacant Housing Units | 444 (15.1%) |
| Median Home Value | $168,519 |
| Average Home Value | $185,685 |
Housing Distribution
Address Breakdown
Residential
2,420
Single Family
2,420
Multi-Family
0
Businesses
206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Perkins • LATTER & BLUM (LATT21)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2522344
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.