175 Mill Creek DrSalineLA71070
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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
Rental property for sale in Saline at 175 Mill Creek Dr, Saline, LA, 71070 offers $0/mo rent that, after a $558/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.52% in year one, and rental yield stands at 0% at a $114,000 entry. Equity gained on principal adds $736/yr while 5% annual appreciation compounds into $31,496 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $558/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71070, Saline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 839 (100%) |
| Owner Occupied HU | 511 (60.9%) |
| Renter Occupied HU | 95 (11.3%) |
| Vacant Housing Units | 233 (27.8%) |
| Median Home Value | $105,793 |
| Average Home Value | $228,816 |
Housing Distribution
Address Breakdown
Residential
742
Single Family
742
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Scott Friestad • Friestad Realty
Mls Name: NTREIS
Mls ID: #21002221
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