213 Julie StGrayLA70359
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 213 Julie St, Gray, LA, 70359 in Gray. Priced at $225,000, it generates $2,156/mo in gross rent and $763/mo in net monthly cash flow, a 11.5% yield that comfortably supports the 2.13 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,152. Five-year appreciation: $62,163. Equity from principal paydown: $2,072/yr. Total projected cumulative return: $134,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 7.2% |
| Monthly Cash Flow | $763 | $250 |
City averages based on Gray market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,156 |
| Total Monthly Debt Service | $1,304 |
| DSCR Ratio | 1.65x |
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.
Home Type Unknown
Built in 2006
6,005 sqft lot
$N/A/sqft
No HOA
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
Home Type Unknown
Built in 2006
6,005 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices