2113 Highway 1183SimmesportLA71369
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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
Investment Highlights
Investment property for sale in Simmesport at 2113 Highway 1183, Simmesport, LA, 71369 earns $438/mo cash flow from $1,460/mo rent with a $808/mo payment. Total monthly income totals $1,460/mo, and annual cash flow totals $5,250/yr on $54,698 capital. ROI tracks 29.51% on current figures, and rental yield reads 10.62% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 154.36% and total cumulative return in cash sums $84,431. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,460/mo property income instead of your personal income.
Single Family
Built in 2012
6.60 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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Nearby investment properties with comparable prices
Listed by: Angel Perry • Get the Key Realty
Mls Name: GCLRA
Mls ID: #2535484