1663 Rick StJenaLA71342
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1663 Rick St, Jena, LA, 71342 in Jena at $120,000 earns $925/mo in rent and nets $182/mo after the $540/mo payment, a 9.25% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $33,154 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,105/yr in principal paydown, total projected return reaches $57,165.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.2% |
| Monthly Cash Flow | $182 | $300 |
City averages based on Jena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $925 |
| Total Monthly Debt Service | $696 |
| DSCR Ratio | 1.33x |
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 2001
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71342, Jena, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,153 (65.0%) |
| Renter Occupied HU | 601 (18.2%) |
| Vacant Housing Units | 557 (16.8%) |
| Median Home Value | $171,573 |
| Average Home Value | $209,088 |
Housing Distribution
Address Breakdown
Residential
2,435
Single Family
2,435
Multi-Family
0
Businesses
288
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 2001
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71342, Jena, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,153 (65.0%) |
| Renter Occupied HU | 601 (18.2%) |
| Vacant Housing Units | 557 (16.8%) |
| Median Home Value | $171,573 |
| Average Home Value | $209,088 |
Housing Distribution
Address Breakdown
Residential
2,435
Single Family
2,435
Multi-Family
0
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices