2013 Musselwhite RdOberlinLA70655
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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 Oberlin at 2013 Musselwhite Rd, Oberlin, LA, 70655 generates $1,322/mo in rent and, after a $910/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,322/mo, and annual cash flow is $2,042/yr on $61,659 invested. Return on cash invested sits at 23.22% in year one, and rental yield is 8.53% on a $186,000 entry. Equity gained on principal adds $1,200/yr, while 5% annual appreciation builds toward $51,388 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash sums $74,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,322/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
13.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70655, Oberlin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,298 (100%) |
| Owner Occupied HU | 789 (60.8%) |
| Renter Occupied HU | 256 (19.7%) |
| Vacant Housing Units | 253 (19.5%) |
| Median Home Value | $99,468 |
| Average Home Value | $144,335 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
74
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