142 Hardwater Lake RdPollockLA71467
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
Investment Highlights
Rental property for sale in Pollock at 142 Hardwater Lake Rd, Pollock, LA, 71467 generates $1,380/mo in rent and, after a $778/mo payment, leaves $395/mo in cash flow. Total monthly income is $1,380/mo, and annual cash flow is $4,744/yr on $52,709 invested. Return on cash invested sits at 28.91% in year one, and rental yield is 10.42% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 151.17% and total cumulative return in cash sums $79,680. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,380/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71467, Pollock, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,400 (100%) |
| Owner Occupied HU | 1,692 (70.5%) |
| Renter Occupied HU | 405 (16.9%) |
| Vacant Housing Units | 303 (12.6%) |
| Median Home Value | $203,049 |
| Average Home Value | $199,569 |
Housing Distribution
Address Breakdown
Residential
2,234
Single Family
2,234
Multi-Family
0
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kerry Aycock • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls Provider:
Mls ID: #2512647
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.