2318 Wilson LnPattersonLA70392
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
Investment property for sale in Patterson at 2318 Wilson Ln, Patterson, LA, 70392 at $140,000 posts ROI 24.34% with $171/mo cash flow from $1,120/mo rent. Total monthly income equals $1,120/mo, and annual cash flow records $2,056/yr on $46,410 to close. Return on cash invested measures 24.34% and rental yield reads 9.6% at the current $140,000. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 by year five. Five-year ROI prints 127.44% and total cumulative return in cash totals $59,146.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70392, Patterson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,602 (100%) |
| Owner Occupied HU | 2,219 (61.6%) |
| Renter Occupied HU | 958 (26.6%) |
| Vacant Housing Units | 425 (11.8%) |
| Median Home Value | $155,885 |
| Average Home Value | $217,986 |
Housing Distribution
Address Breakdown
Residential
2,577
Single Family
2,569
Multi-Family
8
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Boudreaux • CENTURY 21 ACTION REALTY, INC. - THIBODAUX
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025008312
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.