1620 Jamar DrBastropLA71220
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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 Bastrop at 1620 Jamar Dr, Bastrop, LA, 71220 uses $42,598 cash to close to unlock $2,135/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $974/mo, and a $629/mo payment keeps the spread at $178/mo. Purchase price stands at $128,500, and rental yield measures 9.1% with $974/mo rent. Return on cash invested shows 24.92% in year one, and 5% annual appreciation builds toward $35,502 over five years. Five-year ROI reaches 129.72% and total cumulative return in cash records $55,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $974/mo property income covering a $629/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71220, Bastrop, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,728 (100%) |
| Owner Occupied HU | 5,466 (56.2%) |
| Renter Occupied HU | 2,971 (30.5%) |
| Vacant Housing Units | 1,291 (13.3%) |
| Median Home Value | $118,108 |
| Average Home Value | $154,806 |
Housing Distribution
Address Breakdown
Residential
9,554
Single Family
9,346
Multi-Family
208
Businesses
686
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