1704 Wade DrRustonLA71270
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 Ruston at 1704 Wade Dr, Ruston, LA, 71270 listed at $285,940 pairs $2,684/mo rent with a $1,400/mo payment to leave $912/mo cash flow. Total monthly income runs $2,684/mo, and annual cash flow reaches $10,947/yr on $94,789 cash to close. Return on cash invested measures 31.46% in year one, and rental yield registers 11.26% at a $285,940 basis. Equity gained on principal adds $1,845/yr, and annual property appreciation at 5% supports $79,000 by year five. Five-year ROI tracks 164.82% and total cumulative return in cash totals $156,230. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,684/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2018
0.39 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 |
Housing Distribution
Address Breakdown
Residential
14,891
Single Family
13,882
Multi-Family
1,009
Businesses
1,277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices