138 Oakside LnPt BarreLA70577
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 138 Oakside Ln, Pt Barre, LA, 70577 in Pt Barre is narrow, $200/mo net on $912/mo rent after the $517/mo debt service, but the property operates at break-even-plus, not a loss. At $115,000 with a 9.52% yield, the long-run equity case via 5% appreciation ($31,772 over five years) and $1,059/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.76 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $56,495.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $200 | $450 |
City averages based on Pt Barre market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $912 |
| Total Monthly Debt Service | $667 |
| DSCR Ratio | 1.37x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70577, Port Barre, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,449 (65.4%) |
| Renter Occupied HU | 423 (19.1%) |
| Vacant Housing Units | 343 (15.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $168,653 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,362
Multi-Family
8
Businesses
71
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70577, Port Barre, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,449 (65.4%) |
| Renter Occupied HU | 423 (19.1%) |
| Vacant Housing Units | 343 (15.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $168,653 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,362
Multi-Family
8
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices