211 Dees DrSimmesportLA71369
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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 Simmesport at 211 Dees Dr, Simmesport, LA, 71369 priced at $149,000 converts $1,151/mo rent into $228/mo cash flow after a $729/mo obligation. Total monthly income equals $1,151/mo, and annual cash flow totals $2,740/yr on $49,394 invested. Return on cash invested prints 25.46% in year one, and rental yield reads 9.27% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 132.66% and total cumulative return in cash sums $65,524. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,151/mo property income covering a $729/mo payment, not borrower’s personal income.
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
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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.