233 Patricia AveCottonportLA71327
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 233 Patricia Ave, Cottonport, LA, 71327 in Cottonport is a conservative rental investment at $145,000. Rental yield 6.3%. A 1.17 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $40,061; $1,335/yr in principal paydown supplements. Total projected return: $46,186.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.0% |
| Monthly Cash Flow | $(137) | $450 |
City averages based on Cottonport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $761 |
| Total Monthly Debt Service | $841 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1969
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71327, Cottonport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 1,028 (58.5%) |
| Renter Occupied HU | 505 (28.7%) |
| Vacant Housing Units | 225 (12.8%) |
| Median Home Value | $136,000 |
| Average Home Value | $181,987 |
Housing Distribution
Address Breakdown
Residential
1,179
Single Family
1,179
Multi-Family
0
Businesses
81
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 1969
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71327, Cottonport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 1,028 (58.5%) |
| Renter Occupied HU | 505 (28.7%) |
| Vacant Housing Units | 225 (12.8%) |
| Median Home Value | $136,000 |
| Average Home Value | $181,987 |
Housing Distribution
Address Breakdown
Residential
1,179
Single Family
1,179
Multi-Family
0
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRIGITTE JOFFRION • EXP REALTY, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2471206
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.