224 W 9th StRoanokeLA70581
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 224 W 9th St, Roanoke, LA, 70581 in Roanoke earns a 8.68% gross yield at $225,000. Rent of $1,628/mo nets $235/mo after the $1,012/mo mortgage. The 1.61 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $62,163 and $2,072/yr in equity accumulation project a total cumulative return of $100,404.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.5% |
| Monthly Cash Flow | $235 | $400 |
City averages based on Roanoke market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,628 |
| Total Monthly Debt Service | $1,304 |
| DSCR Ratio | 1.25x |
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 1970
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70581, Roanoke, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 379 (100%) |
| Owner Occupied HU | 297 (78.4%) |
| Renter Occupied HU | 48 (12.7%) |
| Vacant Housing Units | 34 ( 9.0%) |
| Median Home Value | $171,528 |
| Average Home Value | $204,108 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
55
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 1970
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70581, Roanoke, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 379 (100%) |
| Owner Occupied HU | 297 (78.4%) |
| Renter Occupied HU | 48 (12.7%) |
| Vacant Housing Units | 34 ( 9.0%) |
| Median Home Value | $171,528 |
| Average Home Value | $204,108 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices