232 Mills St, Scott, LA, 70583 | $273/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Scott at 232 Mills St, Scott, LA, 70583 at $152,500 posts ROI 26.38% with $273/mo cash flow from $1,217/mo rent. Total monthly income equals $1,217/mo, and annual cash flow records $3,273/yr on $50,554 to close. Return on cash invested measures 26.38% and rental yield reads 9.58% at the current $152,500. Equity gained on principal adds $984/yr, and 5% annual appreciation supports $42,133 by year five. Five-year ROI prints 137.6% and total cumulative return in cash totals $69,563.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,217/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in N/A

0.28 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70583, Scott, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,284 (100%)
Owner Occupied HU	3,415 (64.6%)
Renter Occupied HU	1,258 (23.8%)
Vacant Housing Units	611 (11.6%)
Median Home Value	$211,772
Average Home Value	$220,934