220 Providence RdWaterproofLA71375
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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
Investment property for sale in Waterproof at 220 Providence Rd, Waterproof, LA, 71375 at $343,000 posts ROI 11.65% with from $1,342/mo rent. Total monthly income equals $1,342/mo. Return on cash invested measures 11.65% and rental yield reads 4.7% at the current $343,000. Equity gained on principal adds $2,213/yr, and 5% annual appreciation supports $94,765 by year five. Five-year ROI prints 58.58% and total cumulative return in cash totals $66,612. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,342/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71375, Waterproof, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 461 (100%) |
| Owner Occupied HU | 183 (39.7%) |
| Renter Occupied HU | 90 (19.5%) |
| Vacant Housing Units | 188 (40.8%) |
| Median Home Value | $90,625 |
| Average Home Value | $134,221 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
210
Multi-Family
0
Businesses
31
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Listed by: William Crigler • Mossy Oak Properties Land Investments - Jackson
Mls Name: My State MLS
Mls ID: #11629871