200 Main StPattersonLA70392
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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
Investment property for sale in Patterson at 200 Main St, Patterson, LA, 70392 with 5% annual appreciation on a $490,000 basis while $3,769/mo rent supports operations. Total monthly income totals $3,769/mo and a $2,398/mo payment preserves $734/mo for cash returns. Annual cash flow comes to $8,808/yr on $162,435 deployed, and return on cash invested reaches 25.33% in year one. Equity gained on principal adds $3,162/yr, and five-year appreciation sums $135,378 alongside rental yield of 9.23%. Five-year ROI measures 131.91% and total cumulative return in cash totals $214,272.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,769/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70392, Patterson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,602 (100%) |
| Owner Occupied HU | 2,219 (61.6%) |
| Renter Occupied HU | 958 (26.6%) |
| Vacant Housing Units | 425 (11.8%) |
| Median Home Value | $155,885 |
| Average Home Value | $217,986 |
Housing Distribution
Address Breakdown
Residential
2,577
Single Family
2,569
Multi-Family
8
Businesses
202
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