207 W 13th StMer RougeLA71261
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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 Mer Rouge at 207 W 13th St, Mer Rouge, LA, 71261 earns $245/mo cash flow from $1,143/mo rent with a $710/mo payment. Total monthly income totals $1,143/mo, and annual cash flow totals $2,934/yr on $48,068 capital. ROI tracks 26.01% on current figures, and rental yield reads 9.46% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 135.63% and total cumulative return in cash sums $65,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,143/mo property income instead of your personal income.
Single Family
Built in 1930
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71261, Mer Rouge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 844 (100%) |
| Owner Occupied HU | 473 (56.0%) |
| Renter Occupied HU | 176 (20.9%) |
| Vacant Housing Units | 195 (23.1%) |
| Median Home Value | $138,782 |
| Average Home Value | $157,061 |
Housing Distribution
Address Breakdown
Residential
601
Single Family
601
Multi-Family
0
Businesses
89
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