149 Cooper StMerryvilleLA70653
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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 Merryville at 149 Cooper St, Merryville, LA, 70653 offers a 9.61% rental yield on a $211,900 purchase with $1,697/mo rent. Total monthly income registers $1,697/mo, and a $1,037/mo payment leaves $385/mo available for distribution. Annual cash flow reaches $4,614/yr on $70,245 to close, and return on cash invested stands at 26.48% in year one. Equity gained on principal adds $1,367/yr while 5% annual appreciation supports $58,544 over five years. Portfolio math shows five-year ROI at 138.08% and total cumulative return in cash at $96,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,697/mo property income against a $1,037/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70653, Merryville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,014 (66.1%) |
| Renter Occupied HU | 243 (15.8%) |
| Vacant Housing Units | 277 (18.1%) |
| Median Home Value | $117,446 |
| Average Home Value | $172,431 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
54
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Listed by: Joe Williamson • EXIT Real Estate Consultants
Mls Name: Greater Southern MLS
Mls ID: #SWL25001959
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.