216 Louisiana StBelcherLA71004
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 216 Louisiana St, Belcher, LA, 71004 in Belcher. Rental yield 6.27%. The 1.10 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $58,710 and $1,781/yr in principal reduction project total return of $63,348.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 7.0% |
| Monthly Cash Flow | $(206) | $600 |
City averages based on Belcher 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 | $1,110 |
| Total Monthly Debt Service | $1,284 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1932
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71004, Belcher, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 254 (100%) |
| Owner Occupied HU | 176 (69.3%) |
| Renter Occupied HU | 35 (13.8%) |
| Vacant Housing Units | 43 (16.9%) |
| Median Home Value | $271,429 |
| Average Home Value | $318,551 |
Housing Distribution
Address Breakdown
Residential
217
Single Family
217
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
