211 Dees DrSimmesportLA71369
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 211 Dees Dr, Simmesport, LA, 71369 in Simmesport is straightforward: $149,000 in, $1,151/mo in rent, $228/mo out after debt service. The 9.27% gross yield and 1.72 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $41,166 by year five. With $1,372/yr in principal equity, the total cumulative return is projected at $71,212.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 9.0% |
| Monthly Cash Flow | $228 | $350 |
City averages based on Simmesport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,151 |
| Total Monthly Debt Service | $864 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2009
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71369, Simmesport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 680 (57.9%) |
| Renter Occupied HU | 315 (26.8%) |
| Vacant Housing Units | 180 (15.3%) |
| Median Home Value | $113,014 |
| Average Home Value | $168,949 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
544
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2009
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71369, Simmesport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 680 (57.9%) |
| Renter Occupied HU | 315 (26.8%) |
| Vacant Housing Units | 180 (15.3%) |
| Median Home Value | $113,014 |
| Average Home Value | $168,949 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
544
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gay Normand • EXP REALTY, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2435656
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.