1518 W Court DrNatchitochesLA71457
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 1518 W Court Dr, Natchitoches, LA, 71457 in Natchitoches is listed at $148,900 and delivers $1,156/mo in rent and $233/mo in net monthly cash flow. The 9.31% yield and 1.73 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $41,138 over five years, and $1,371/yr in principal reduction supplements cash return. Total projected cumulative return: $71,503.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $233 | $350 |
City averages based on Natchitoches market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,156 |
| Total Monthly Debt Service | $863 |
| DSCR Ratio | 1.34x |
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 2001
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71457, Natchitoches, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,064 (100%) |
| Owner Occupied HU | 6,028 (46.1%) |
| Renter Occupied HU | 4,955 (37.9%) |
| Vacant Housing Units | 2,081 (15.9%) |
| Median Home Value | $202,969 |
| Average Home Value | $239,760 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
10,749
Multi-Family
1,091
Businesses
1,196
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 2001
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71457, Natchitoches, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,064 (100%) |
| Owner Occupied HU | 6,028 (46.1%) |
| Renter Occupied HU | 4,955 (37.9%) |
| Vacant Housing Units | 2,081 (15.9%) |
| Median Home Value | $202,969 |
| Average Home Value | $239,760 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
10,749
Multi-Family
1,091
Businesses
1,196
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: VIRGINIA RACHAL • KELLER WILLIAMS REALTY CENLA PARTNERS
Mls Name: GCLRA
Mls Provider:
Mls ID: #2499670
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.