1409 Caddo StRustonLA71270
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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
Investment property for sale in Ruston at 1409 Caddo St, Ruston, LA, 71270 uses $66,134 cash to close to unlock $5,600/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,702/mo, and a $976/mo payment keeps the spread at $467/mo. Purchase price stands at $199,500, and rental yield measures 10.24% with $1,702/mo rent. Return on cash invested shows 28.38% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 148.27% and total cumulative return in cash records $98,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,702/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71270, Ruston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 6,684 (43.8%) |
| Renter Occupied HU | 6,746 (44.2%) |
| Vacant Housing Units | 1,826 (12.0%) |
| Median Home Value | $233,923 |
| Average Home Value | $263,023 |
Housing Distribution
Address Breakdown
Residential
14,891
Single Family
13,882
Multi-Family
1,009
Businesses
1,277
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