1702 Wade Dr, Ruston, LA, 71270 | $384/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ruston at 1702 Wade Dr, Ruston, LA, 71270 listed at $240,890 pairs $1,876/mo rent with a $1,179/mo payment to leave $384/mo cash flow. Total monthly income runs $1,876/mo, and annual cash flow reaches $4,606/yr on $79,855 cash to close. Return on cash invested measures 25.68% in year one, and rental yield registers 9.35% at a $240,890 basis. Equity gained on principal adds $1,554/yr, and annual property appreciation at 5% supports $66,553 by year five. Five-year ROI tracks 133.79% and total cumulative return in cash totals $106,842. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,876/mo property income relative to a $1,179/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 2018

0.44 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71270, Ruston, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,256 (100%)
Owner Occupied HU	6,684 (43.8%)
Renter Occupied HU	6,746 (44.2%)
Vacant Housing Units	1,826 (12.0%)
Median Home Value	$233,923
Average Home Value	$263,023