233 Queen StHaughtonLA71037
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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
Investment Highlights
Rental property for sale in Haughton at 233 Queen St, Haughton, LA, 71037 offers $1,818/mo rent that, after a $983/mo payment, leaves $574/mo cash flow. Total monthly income is $1,818/mo, and annual cash flow is $6,886/yr on $66,598 cash. Return on cash invested measures 30.25% in year one, and rental yield stands at 10.86% at a $200,900 entry. Equity gained on principal adds $1,296/yr while 5% annual appreciation compounds into $55,505 by year five. Five-year ROI records 158.3% and total cumulative return in cash reaches $105,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,818/mo property income versus a $983/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71037, Haughton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,343 (100%) |
| Owner Occupied HU | 7,046 (75.4%) |
| Renter Occupied HU | 1,491 (16.0%) |
| Vacant Housing Units | 806 ( 8.6%) |
| Median Home Value | $234,885 |
| Average Home Value | $256,469 |
Housing Distribution
Address Breakdown
Residential
8,803
Single Family
8,775
Multi-Family
28
Businesses
306
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Listed by: Carlotta Askew • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20950809
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.