185 Railroad AvePort BarreLA70577
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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 Port Barre at 185 Railroad Ave, Port Barre, LA, 70577 priced at $100,000 converts $1,584/mo rent into $965/mo cash flow after a $489/mo obligation. Total monthly income equals $1,584/mo, and annual cash flow totals $11,580/yr on $33,150 invested. Return on cash invested prints 54.84% in year one, and rental yield reads 19.01% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 290.15% and total cumulative return in cash sums $96,184. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,584/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70577, Port Barre, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,449 (65.4%) |
| Renter Occupied HU | 423 (19.1%) |
| Vacant Housing Units | 343 (15.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $168,653 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,362
Multi-Family
8
Businesses
71
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Listed by: Alicia Rhodes • Real Broker, LLC
Mls Name: RAA
Mls ID: #2500003562