18065 Back Ridge RdAmiteLA70422
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 18065 Back Ridge Rd, Amite, LA, 70422 in Amite deserves attention. This $189,700 property earns $1,873/mo in rent, a 11.85% gross yield, and nets $698/mo after the $853/mo payment. DSCR 2.20 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $52,411 compounds alongside $1,747/yr in yearly equity build, for a total cumulative return of $116,881.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.0% |
| Monthly Cash Flow | $698 | $450 |
City averages based on Amite market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,873 |
| Total Monthly Debt Service | $1,100 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2025
4.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70422, Amite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,882 (100%) |
| Owner Occupied HU | 3,812 (64.8%) |
| Renter Occupied HU | 1,264 (21.5%) |
| Vacant Housing Units | 806 (13.7%) |
| Median Home Value | $193,750 |
| Average Home Value | $232,914 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
5,347
Multi-Family
45
Businesses
587
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 2025
4.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70422, Amite, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,882 (100%) |
| Owner Occupied HU | 3,812 (64.8%) |
| Renter Occupied HU | 1,264 (21.5%) |
| Vacant Housing Units | 806 (13.7%) |
| Median Home Value | $193,750 |
| Average Home Value | $232,914 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
5,347
Multi-Family
45
Businesses
587
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices