1972 Highway 507SimsboroLA71275
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 Simsboro at 1972 Highway 507, Simsboro, LA, 71275 earns $64/mo cash flow from $758/mo rent with a $548/mo payment. Total monthly income totals $758/mo, and annual cash flow totals $773/yr on $37,128 capital. ROI tracks 21.99% on current figures, and rental yield reads 8.12% at a $112,000 purchase. Equity gained on principal adds $723/yr, and 5% annual appreciation supports $30,944 over five years. Five-year ROI reaches 114.1% and total cumulative return in cash sums $42,363. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $758/mo property income instead of your personal income.
Manufactured
Built in 2014
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71275, Simsboro, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 668 (63.0%) |
| Renter Occupied HU | 186 (17.5%) |
| Vacant Housing Units | 207 (19.5%) |
| Median Home Value | $138,816 |
| Average Home Value | $182,979 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
995
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices