137 Joanne Dr, Dry Prong, LA, 71423 | $5/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dry Prong at 137 Joanne Dr, Dry Prong, LA, 71423 at $173,500 posts ROI 20.02% with $5/mo cash flow from $1,080/mo rent. Total monthly income equals $1,080/mo, and annual cash flow records $65/yr on $57,515 to close. Return on cash invested measures 20.02% and rental yield reads 7.47% at the current $173,500. Equity gained on principal adds $1,120/yr, and 5% annual appreciation supports $47,935 by year five. Five-year ROI prints 103.49% and total cumulative return in cash totals $59,524.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,080/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1980

0.86 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71423, Dry Prong, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,518 (100%)
Owner Occupied HU	1,909 (75.8%)
Renter Occupied HU	327 (13.0%)
Vacant Housing Units	282 (11.2%)
Median Home Value	$191,465
Average Home Value	$223,387