155 Nickel RdIotaLA70543
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
Investment property for sale in Iota at 155 Nickel Rd, Iota, LA, 70543 offers a 8.22% rental yield on a $225,000 purchase with $1,541/mo rent. Total monthly income registers $1,541/mo, and a $1,101/mo payment leaves $148/mo available for distribution. Annual cash flow reaches $1,770/yr on $74,588 to close, and return on cash invested stands at 22.28% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 115.61% and total cumulative return in cash at $86,229. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,541/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70543, Iota, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,141 (69.6%) |
| Renter Occupied HU | 352 (21.5%) |
| Vacant Housing Units | 147 ( 9.0%) |
| Median Home Value | $224,182 |
| Average Home Value | $236,356 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices