1313 Boy Scout RdForest HillLA71430
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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 Forest Hill at 1313 Boy Scout Rd, Forest Hill, LA, 71430 priced at $497,400 pairs $3,163/mo rent with $81/mo cash flow after a $2,435/mo payment. Total monthly income equals $3,163/mo, and annual cash flow comes to $977/yr on $164,888 invested. Return on cash invested is 20.5% in year one, and rental yield stands at 7.63% on a $497,400 basis. Equity gained on principal adds $3,210/yr, and 5% annual appreciation accumulates to $137,422 by year five. Five-year ROI measures 106.04% and total cumulative return in cash reaches $174,847. For financing, Ziffy Mortgage’s DSCR program evaluates $3,163/mo property income against a $2,435/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
5.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71430, Forest Hill, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,161 (100%) |
| Owner Occupied HU | 779 (67.1%) |
| Renter Occupied HU | 167 (14.4%) |
| Vacant Housing Units | 215 (18.5%) |
| Median Home Value | $228,858 |
| Average Home Value | $218,569 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
72
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Listed by: Buck Holt • LATTER AND BLUM Central Realty LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2460148
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.