160 W 93rd StCut OffLA70345
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 160 W 93rd St, Cut Off, LA, 70345 in Cut Off worth modelling. At $109,000 with a 9.54% gross yield, the $867/mo rent leaves $192/mo after the $490/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.77 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $30,115 by year five; $1,004/yr in principal reduction adds further equity. Total projected return: $53,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $192 | $850 |
City averages based on Cut Off market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $867 |
| Total Monthly Debt Service | $632 |
| DSCR Ratio | 1.37x |
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 1965
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70345, Cut Off, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,699 (100%) |
| Owner Occupied HU | 2,669 (72.2%) |
| Renter Occupied HU | 629 (17.0%) |
| Vacant Housing Units | 401 (10.8%) |
| Median Home Value | $213,013 |
| Average Home Value | $257,279 |
Housing Distribution
Address Breakdown
Residential
3,219
Single Family
3,219
Multi-Family
0
Businesses
227
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 1965
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70345, Cut Off, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,699 (100%) |
| Owner Occupied HU | 2,669 (72.2%) |
| Renter Occupied HU | 629 (17.0%) |
| Vacant Housing Units | 401 (10.8%) |
| Median Home Value | $213,013 |
| Average Home Value | $257,279 |
Housing Distribution
Address Breakdown
Residential
3,219
Single Family
3,219
Multi-Family
0
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices