209 E North LoopOakdaleLA71463
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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 Oakdale at 209 E North Loop, Oakdale, LA, 71463 offers $858/mo rent that, after a $710/mo payment. Total monthly income is $858/mo. Return on cash invested measures 18.9% in year one, and rental yield stands at 7.1% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 97.48% and total cumulative return in cash reaches $46,856. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $858/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71463, Oakdale, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,756 (100%) |
| Owner Occupied HU | 2,143 (57.1%) |
| Renter Occupied HU | 994 (26.5%) |
| Vacant Housing Units | 619 (16.5%) |
| Median Home Value | $130,131 |
| Average Home Value | $187,190 |
Housing Distribution
Address Breakdown
Residential
3,189
Single Family
3,059
Multi-Family
130
Businesses
349
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Listed by: LeaAnn Cross • BERKSHIRE HATHAWAY HOME SERVICES-ALLY REAL ESTATE
Mls Name: GCLRA
Mls Provider:
Mls ID: #2504757
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.