186 Oscar Strother RdPitkinLA70656
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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 Pitkin at 186 Oscar Strother Rd, Pitkin, LA, 70656 priced at $144,900 pairs $1,140/mo rent with $243/mo cash flow after a $709/mo payment. Total monthly income equals $1,140/mo, and annual cash flow comes to $2,912/yr on $48,034 invested. Return on cash invested is 25.97% in year one, and rental yield stands at 9.44% on a $144,900 basis. Equity gained on principal adds $935/yr, and 5% annual appreciation accumulates to $40,033 by year five. Five-year ROI measures 135.38% and total cumulative return in cash reaches $65,029. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $709/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2014
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70656, Pitkin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,751 (100%) |
| Owner Occupied HU | 1,243 (71.0%) |
| Renter Occupied HU | 214 (12.2%) |
| Vacant Housing Units | 294 (16.8%) |
| Median Home Value | $104,842 |
| Average Home Value | $129,334 |
Housing Distribution
Address Breakdown
Residential
1,420
Single Family
1,420
Multi-Family
0
Businesses
42
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Listed by: Robbie Ingle • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL24004757
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.