2033 Isadore RdErathLA70533
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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 Erath at 2033 Isadore Rd, Erath, LA, 70533 uses $110,224 cash to close to unlock $3,645/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $2,363/mo, and a $1,627/mo payment keeps the spread at $304/mo. Purchase price stands at $332,500, and rental yield measures 8.53% with $2,363/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $91,864 over five years. Five-year ROI reaches 120.59% and total cumulative return in cash records $132,916. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,363/mo property income covering a $1,627/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70533, Erath, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,218 (100%) |
| Owner Occupied HU | 2,260 (70.2%) |
| Renter Occupied HU | 572 (17.8%) |
| Vacant Housing Units | 386 (12.0%) |
| Median Home Value | $182,724 |
| Average Home Value | $195,202 |
Housing Distribution
Address Breakdown
Residential
2,859
Single Family
2,859
Multi-Family
0
Businesses
130
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