20886 Highway 1RodessaLA71069
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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
Rental property for sale in Rodessa at 20886 Highway 1, Rodessa, LA, 71069 generates $4,400/mo in rent, after a $7,342/mo payment. Total monthly income is $4,400/mo. Return on cash invested sits at 8.29% in year one, and rental yield is 3.52% on a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation builds toward $414,422 over five years. Five-year ROI reaches 40.44% and total cumulative return in cash sums $196,547. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
151.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71069, Rodessa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 295 (100%) |
| Owner Occupied HU | 218 (73.9%) |
| Renter Occupied HU | 26 ( 8.8%) |
| Vacant Housing Units | 51 (17.3%) |
| Median Home Value | $157,143 |
| Average Home Value | $179,817 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
19
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Listed by: David Rollins • Century 21 Elite
Mls Name: NTREIS
Mls ID: #20722375
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