203 Leah StBallLA71405
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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 Ball at 203 Leah St, Ball, LA, 71405 generates $1,517/mo in rent and, after a $759/mo payment, leaves $516/mo in cash flow. Total monthly income is $1,517/mo, and annual cash flow is $6,193/yr on $51,383 invested. Return on cash invested sits at 31.96% in year one, and rental yield is 11.74% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 167.92% and total cumulative return in cash sums $86,284. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,517/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71405, Ball, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,580 (63.2%) |
| Renter Occupied HU | 680 (27.2%) |
| Vacant Housing Units | 239 ( 9.6%) |
| Median Home Value | $210,841 |
| Average Home Value | $237,619 |
Housing Distribution
Address Breakdown
Residential
2,348
Single Family
2,348
Multi-Family
0
Businesses
172
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Listed by: Jeremy Brister • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls Provider:
Mls ID: #2494150
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.