1570 Carter RdBelmontLA71406
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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 Belmont at 1570 Carter Rd, Belmont, LA, 71406 uses $61,328 cash to close to unlock $3,126/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,406/mo, and a $905/mo payment keeps the spread at $261/mo. Purchase price stands at $185,000, and rental yield measures 9.12% with $1,406/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 130.2% and total cumulative return in cash records $79,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,406/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 2018
4.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71406, Belmont, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 94 (69.1%) |
| Renter Occupied HU | 23 (16.9%) |
| Vacant Housing Units | 19 (14.0%) |
| Median Home Value | $72,222 |
| Average Home Value | $109,016 |
Housing Distribution
Address Breakdown
Residential
111
Single Family
111
Multi-Family
0
Businesses
9
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