227 Gray StBelcherLA71004
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
Investment Highlights
Rental property for sale in Belcher at 227 Gray St, Belcher, LA, 71004 offers $1,936/mo rent that, after a $1,439/mo payment, leaves $115/mo cash flow. Total monthly income is $1,936/mo, and annual cash flow is $1,378/yr on $97,461 cash. Return on cash invested measures 21.32% in year one, and rental yield stands at 7.9% at a $294,000 entry. Equity gained on principal adds $1,897/yr while 5% annual appreciation compounds into $81,227 by year five. Five-year ROI records 110.43% and total cumulative return in cash reaches $107,628. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,936/mo property income versus a $1,439/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
2.80 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
Nearby investment properties with comparable prices