2061 S Red Oak Forest LnSulphurLA70665
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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 Sulphur at 2061 S Red Oak Forest Ln, Sulphur, LA, 70665 uses $110,688 cash to close to unlock $9,371/yr annual cash flow and $781/mo monthly cash flow. Total monthly income runs $2,849/mo, and a $1,634/mo payment keeps the spread at $781/mo. Purchase price stands at $333,900, and rental yield measures 10.24% with $2,849/mo rent. Return on cash invested shows 28.38% in year one, and 5% annual appreciation builds toward $92,250 over five years. Five-year ROI reaches 148.24% and total cumulative return in cash records $164,087. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,849/mo property income covering a $1,634/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70665, Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,500 (100%) |
| Owner Occupied HU | 3,923 (71.3%) |
| Renter Occupied HU | 895 (16.3%) |
| Vacant Housing Units | 682 (12.4%) |
| Median Home Value | $274,904 |
| Average Home Value | $298,732 |
Housing Distribution
Address Breakdown
Residential
5,367
Single Family
4,803
Multi-Family
564
Businesses
310
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