170 W Bernard RdSimmesportLA71369
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
Investment Highlights
Investment property for sale in Simmesport at 170 W Bernard Rd, Simmesport, LA, 71369 at $225,900 posts ROI 22.61% with $168/mo cash flow from $1,568/mo rent. Total monthly income equals $1,568/mo, and annual cash flow records $2,020/yr on $74,886 to close. Return on cash invested measures 22.61% and rental yield reads 8.33% at the current $225,900. Equity gained on principal adds $1,458/yr, and 5% annual appreciation supports $62,412 by year five. Five-year ROI prints 117.35% and total cumulative return in cash totals $87,879.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,568/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1982
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71369, Simmesport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 680 (57.9%) |
| Renter Occupied HU | 315 (26.8%) |
| Vacant Housing Units | 180 (15.3%) |
| Median Home Value | $113,014 |
| Average Home Value | $168,949 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
544
Multi-Family
0
Businesses
60
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Nearby investment properties with comparable prices
Listed by: DONAVON REDMON • STEVEN SEALE PROPERTIES, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2490434
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.