2208 Mallard StCameronLA70631
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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 Cameron at 2208 Mallard St, Cameron, LA, 70631 uses $99,450 cash to close to unlock $7,536/yr annual cash flow and $628/mo monthly cash flow. Total monthly income runs $2,486/mo, and a $1,468/mo payment keeps the spread at $628/mo. Purchase price stands at $300,000, and rental yield measures 9.94% with $2,486/mo rent. Return on cash invested shows 27.49% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 143.47% and total cumulative return in cash records $142,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,486/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2015
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70631, Cameron, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 306 (29.8%) |
| Renter Occupied HU | 49 ( 4.8%) |
| Vacant Housing Units | 671 (65.4%) |
| Median Home Value | $214,679 |
| Average Home Value | $230,547 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
484
Multi-Family
28
Businesses
73
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