213 Bobbie DrFarmervilleLA71241
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 213 Bobbie Dr, Farmerville, LA, 71241 in Farmerville earns a 9.44% gross yield at $298,500. Rent of $2,348/mo nets $499/mo after the $1,342/mo mortgage. The 1.75 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $82,470 and $2,749/yr in equity accumulation project a total cumulative return of $145,300.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.0% |
| Monthly Cash Flow | $499 | $200 |
City averages based on Farmerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,348 |
| Total Monthly Debt Service | $1,730 |
| DSCR Ratio | 1.36x |
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 N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71241, Farmerville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,627 (100%) |
| Owner Occupied HU | 3,040 (65.7%) |
| Renter Occupied HU | 897 (19.4%) |
| Vacant Housing Units | 690 (14.9%) |
| Median Home Value | $165,173 |
| Average Home Value | $197,359 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,457
Multi-Family
60
Businesses
391
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 N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71241, Farmerville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,627 (100%) |
| Owner Occupied HU | 3,040 (65.7%) |
| Renter Occupied HU | 897 (19.4%) |
| Vacant Housing Units | 690 (14.9%) |
| Median Home Value | $165,173 |
| Average Home Value | $197,359 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,457
Multi-Family
60
Businesses
391
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Hawthorne • French Realty, LLC
Mls Name: NELAR
Mls ID: #217171