17961 Munnerlyn Chapel RdIdaLA71044
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play17961 Munnerlyn Chapel Rd, Ida, LA, 71044 in Ida is priced for appreciation, not yield. Rental yield 2.7%. At $765,000 with a 2.7% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $211,355 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.50) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $96,094.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 7.2% |
| Monthly Cash Flow | $(3,014) | $450 |
City averages based on Ida market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,724 |
| Total Monthly Debt Service | $4,434 |
| DSCR Ratio | 0.39x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
41.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71044, Ida, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 395 (100%) |
| Owner Occupied HU | 269 (68.1%) |
| Renter Occupied HU | 31 ( 7.8%) |
| Vacant Housing Units | 95 (24.1%) |
| Median Home Value | $150,868 |
| Average Home Value | $159,572 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
20
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
Single Family
Built in 2006
41.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71044, Ida, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 395 (100%) |
| Owner Occupied HU | 269 (68.1%) |
| Renter Occupied HU | 31 ( 7.8%) |
| Vacant Housing Units | 95 (24.1%) |
| Median Home Value | $150,868 |
| Average Home Value | $159,572 |
Housing Distribution
Address Breakdown
Residential
326
Single Family
326
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices