198 Cypress Bend RdScottLA70583
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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 Scott at 198 Cypress Bend Rd, Scott, LA, 70583 offers $3,263/mo rent that, after a $3,372/mo payment. Total monthly income is $3,263/mo. Return on cash invested measures 14.74% in year one, and rental yield stands at 5.68% at a $689,000 entry. Equity gained on principal adds $4,446/yr while 5% annual appreciation compounds into $190,358 by year five. Five-year ROI records 75.11% and total cumulative return in cash reaches $170,262. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,263/mo property income versus a $3,372/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2024
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
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