206 Latimer StMooringsportLA71060
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
Investment Highlights
Rental property for sale in Mooringsport at 206 Latimer St, Mooringsport, LA, 71060 priced at $134,900 converts $1,223/mo rent into $388/mo cash flow after a $660/mo obligation. Total monthly income equals $1,223/mo, and annual cash flow totals $4,652/yr on $44,719 invested. Return on cash invested prints 30.31% in year one, and rental yield reads 10.88% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 158.65% and total cumulative return in cash sums $70,949. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,223/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1950
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71060, Mooringsport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 919 (67.6%) |
| Renter Occupied HU | 246 (18.1%) |
| Vacant Housing Units | 194 (14.3%) |
| Median Home Value | $185,156 |
| Average Home Value | $211,017 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,188
Multi-Family
32
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Nugent • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20816627
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.