2040 Louisiana StOllaLA71465
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2040 Louisiana St, Olla, LA, 71465 in Olla at $107,000 earns $844/mo in rent and nets $181/mo after the $481/mo payment, a 9.47% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $29,562 over five years. Ziffy Mortgage underwrites this on a 1.75 DSCR without U.S. credit history. With $985/yr in principal paydown, total projected return reaches $52,260.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $181 | $8,500 |
City averages based on Olla market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $844 |
| Total Monthly Debt Service | $620 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71465, Olla, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,580 (100%) |
| Owner Occupied HU | 1,003 (63.5%) |
| Renter Occupied HU | 287 (18.2%) |
| Vacant Housing Units | 290 (18.4%) |
| Median Home Value | $112,416 |
| Average Home Value | $146,712 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
1,051
Multi-Family
79
Businesses
91
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 2024
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71465, Olla, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,580 (100%) |
| Owner Occupied HU | 1,003 (63.5%) |
| Renter Occupied HU | 287 (18.2%) |
| Vacant Housing Units | 290 (18.4%) |
| Median Home Value | $112,416 |
| Average Home Value | $146,712 |
Housing Distribution
Address Breakdown
Residential
1,130
Single Family
1,051
Multi-Family
79
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vicki Weaver • WEAVER REALTY LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2434615
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.