17185 Highway 585Oak GroveLA71263
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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 Oak Grove at 17185 Highway 585, Oak Grove, LA, 71263 listed at $275,000 pairs $1,794/mo rent with a $1,346/mo payment to leave $91/mo cash flow. Total monthly income runs $1,794/mo, and annual cash flow reaches $1,086/yr on $91,163 cash to close. Return on cash invested measures 21.1% in year one, and rental yield registers 7.83% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 109.27% and total cumulative return in cash totals $99,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,794/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
5.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71263, Oak Grove, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,559 (100%) |
| Owner Occupied HU | 2,393 (67.2%) |
| Renter Occupied HU | 703 (19.8%) |
| Vacant Housing Units | 463 (13.0%) |
| Median Home Value | $115,544 |
| Average Home Value | $142,947 |
Housing Distribution
Address Breakdown
Residential
2,896
Single Family
2,896
Multi-Family
0
Businesses
286
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