2035 Schultz RdIotaLA70543
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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 Iota at 2035 Schultz Rd, Iota, LA, 70543 generates $1,289/mo in rent and, after a $1,003/mo payment, leaves $20/mo in cash flow. Total monthly income is $1,289/mo, and annual cash flow is $234/yr on $67,958 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 7.55% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 104.72% and total cumulative return in cash sums $71,166. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,289/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
8.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70543, Iota, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,141 (69.6%) |
| Renter Occupied HU | 352 (21.5%) |
| Vacant Housing Units | 147 ( 9.0%) |
| Median Home Value | $224,182 |
| Average Home Value | $236,356 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
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