201 Patterson DrBogalusaLA70427
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 201 Patterson Dr, Bogalusa, LA, 70427 in Bogalusa is a conservative rental investment at $149,900. Rental yield 6.72%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $41,415; $1,381/yr in principal paydown supplements. Total projected return: $51,191.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 8.0% |
| Monthly Cash Flow | $(89) | $950 |
City averages based on Bogalusa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $840 |
| Total Monthly Debt Service | $869 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70427, Bogalusa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,249 (100%) |
| Owner Occupied HU | 4,865 (52.6%) |
| Renter Occupied HU | 2,563 (27.7%) |
| Vacant Housing Units | 1,821 (19.7%) |
| Median Home Value | $129,834 |
| Average Home Value | $164,962 |
Housing Distribution
Address Breakdown
Residential
8,408
Single Family
8,323
Multi-Family
85
Businesses
695
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
Single Family
Built in 1989
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70427, Bogalusa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,249 (100%) |
| Owner Occupied HU | 4,865 (52.6%) |
| Renter Occupied HU | 2,563 (27.7%) |
| Vacant Housing Units | 1,821 (19.7%) |
| Median Home Value | $129,834 |
| Average Home Value | $164,962 |
Housing Distribution
Address Breakdown
Residential
8,408
Single Family
8,323
Multi-Family
85
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices