20622 Highway 167, Dry Prong, LA, 71423 | $259/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Dry Prong at 20622 Highway 167, Dry Prong, LA, 71423 offers a 8.68% rental yield on a $250,000 purchase with $1,808/mo rent. Total monthly income registers $1,808/mo, and a $1,224/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,108/yr on $82,875 to close, and return on cash invested stands at 23.66% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 122.96% and total cumulative return in cash at $101,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,808/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1986

4 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71423, Dry Prong, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,518 (100%)
Owner Occupied HU	1,909 (75.8%)
Renter Occupied HU	327 (13.0%)
Vacant Housing Units	282 (11.2%)
Median Home Value	$191,465
Average Home Value	$223,387