16264 Highway 5LogansportLA71049
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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 Logansport at 16264 Highway 5, Logansport, LA, 71049 uses $72,930 cash to close to unlock $2,232/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $1,549/mo, and a $1,077/mo payment keeps the spread at $186/mo. Purchase price stands at $220,000, and rental yield measures 8.45% with $1,549/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash records $86,963. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,549/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71049, Logansport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 1,025 (61.0%) |
| Renter Occupied HU | 347 (20.7%) |
| Vacant Housing Units | 307 (18.3%) |
| Median Home Value | $155,429 |
| Average Home Value | $204,927 |
Housing Distribution
Address Breakdown
Residential
1,190
Single Family
1,190
Multi-Family
0
Businesses
97
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Listed by: Jodi Fountain • Jodi A. Fountain
Mls Name: NTREIS
Mls ID: #21038284