157 5th St EQuitmanLA71268
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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 Quitman at 157 5th St E, Quitman, LA, 71268 listed at $160,000 pairs $540/mo rent with a $783/mo payment. Total monthly income runs $540/mo. Return on cash invested measures 9.71% in year one, and rental yield registers 4.05% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 48.13% and total cumulative return in cash totals $25,526. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $540/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71268, Quitman, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,495 (100%) |
| Owner Occupied HU | 1,036 (69.3%) |
| Renter Occupied HU | 246 (16.5%) |
| Vacant Housing Units | 213 (14.2%) |
| Median Home Value | $134,009 |
| Average Home Value | $163,453 |
Housing Distribution
Address Breakdown
Residential
1,122
Single Family
1,112
Multi-Family
10
Businesses
43
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