131 Hickory StReserveLA70084
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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 Reserve at 131 Hickory St, Reserve, LA, 70084 priced at $145,000 pairs $1,113/mo rent with $215/mo cash flow after a $710/mo payment. Total monthly income equals $1,113/mo, and annual cash flow comes to $2,574/yr on $48,068 invested. Return on cash invested is 25.26% in year one, and rental yield stands at 9.21% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 131.61% and total cumulative return in cash reaches $63,260. For financing, Ziffy Mortgage’s DSCR program evaluates $1,113/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
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
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Listed by: Jennifer Perkins • LATTER & BLUM (LATT21)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2522344
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