178 Birch DrIotaLA70543
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 Iota at 178 Birch Dr, Iota, LA, 70543 at $152,500 posts ROI 21.99% with $88/mo cash flow from $1,032/mo rent. Total monthly income equals $1,032/mo, and annual cash flow records $1,053/yr on $50,554 to close. Return on cash invested measures 21.99% and rental yield reads 8.12% at the current $152,500. Equity gained on principal adds $984/yr, and 5% annual appreciation supports $42,133 by year five. Five-year ROI prints 114.03% and total cumulative return in cash totals $57,647.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,032/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70543, Iota, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,141 (69.6%) |
| Renter Occupied HU | 352 (21.5%) |
| Vacant Housing Units | 147 ( 9.0%) |
| Median Home Value | $224,182 |
| Average Home Value | $236,356 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
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