2303 Lyons Point HwyMorseLA70559
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 2303 Lyons Point Hwy, Morse, LA, 70559 in Morse earns a 9.52% gross yield at $125,000. Rent of $992/mo nets $218/mo after the $562/mo mortgage. The 1.77 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $34,535 and $1,151/yr in equity accumulation project a total cumulative return of $61,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.0% |
| Monthly Cash Flow | $218 | $350 |
City averages based on Morse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $992 |
| Total Monthly Debt Service | $725 |
| DSCR Ratio | 1.37x |
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.
Manufactured
Built in 2011
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70559, Morse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 970 (100%) |
| Owner Occupied HU | 722 (74.4%) |
| Renter Occupied HU | 131 (13.5%) |
| Vacant Housing Units | 117 (12.1%) |
| Median Home Value | $182,895 |
| Average Home Value | $198,854 |
Housing Distribution
Address Breakdown
Residential
947
Single Family
928
Multi-Family
19
Businesses
26
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
Manufactured
Built in 2011
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70559, Morse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 970 (100%) |
| Owner Occupied HU | 722 (74.4%) |
| Renter Occupied HU | 131 (13.5%) |
| Vacant Housing Units | 117 (12.1%) |
| Median Home Value | $182,895 |
| Average Home Value | $198,854 |
Housing Distribution
Address Breakdown
Residential
947
Single Family
928
Multi-Family
19
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices