143 Reeds Bridge RdOberlinLA70655
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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 Oberlin at 143 Reeds Bridge Rd, Oberlin, LA, 70655 uses $51,383 cash to close to unlock $4,038/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,297/mo, and a $759/mo payment keeps the spread at $337/mo. Purchase price stands at $155,000, and rental yield measures 10.04% with $1,297/mo rent. Return on cash invested shows 27.77% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 145.01% and total cumulative return in cash records $74,512. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,297/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1965
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70655, Oberlin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,298 (100%) |
| Owner Occupied HU | 789 (60.8%) |
| Renter Occupied HU | 256 (19.7%) |
| Vacant Housing Units | 253 (19.5%) |
| Median Home Value | $99,468 |
| Average Home Value | $144,335 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
74
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Listed by: Teresa Deere • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL25000658
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.