163 Lees Creek RdBogalusaLA70427
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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 Bogalusa at 163 Lees Creek Rd, Bogalusa, LA, 70427 offers a 10.02% rental yield on a $115,000 purchase with $960/mo rent. Total monthly income registers $960/mo, and a $563/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,970/yr on $38,123 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 144.69% and total cumulative return in cash at $55,161. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
1.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70427, Bogalusa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,249 (100%) |
| Owner Occupied HU | 4,865 (52.6%) |
| Renter Occupied HU | 2,563 (27.7%) |
| Vacant Housing Units | 1,821 (19.7%) |
| Median Home Value | $129,834 |
| Average Home Value | $164,962 |
Housing Distribution
Address Breakdown
Residential
8,408
Single Family
8,323
Multi-Family
85
Businesses
695
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Listed by: Kelli Goings • Goings Group Real Estate Services, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483548
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