156 Lee Hill RdPitkinLA70656
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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 Pitkin at 156 Lee Hill Rd, Pitkin, LA, 70656 with 5% annual appreciation on a $295,000 basis while $2,370/mo rent supports operations. Total monthly income totals $2,370/mo and a $1,444/mo payment preserves $543/mo for cash returns. Annual cash flow comes to $6,510/yr on $97,793 deployed, and return on cash invested reaches 26.57% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 9.64%. Five-year ROI measures 138.58% and total cumulative return in cash totals $135,518.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,370/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70656, Pitkin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,751 (100%) |
| Owner Occupied HU | 1,243 (71.0%) |
| Renter Occupied HU | 214 (12.2%) |
| Vacant Housing Units | 294 (16.8%) |
| Median Home Value | $104,842 |
| Average Home Value | $129,334 |
Housing Distribution
Address Breakdown
Residential
1,420
Single Family
1,420
Multi-Family
0
Businesses
42
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