2358 Highway 606Saint JosephLA71366
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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
Investment property for sale in Saint Joseph at 2358 Highway 606, Saint Joseph, LA, 71366 listed at $275,000 pairs $1,501/mo rent with a $1,346/mo payment. Total monthly income runs $1,501/mo. Return on cash invested measures 17.24% in year one, and rental yield registers 6.55% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 88.57% and total cumulative return in cash totals $80,747. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,501/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71366, Saint Joseph, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 496 (48.8%) |
| Renter Occupied HU | 182 (17.9%) |
| Vacant Housing Units | 339 (33.3%) |
| Median Home Value | $83,429 |
| Average Home Value | $144,073 |
Housing Distribution
Address Breakdown
Residential
601
Single Family
601
Multi-Family
0
Businesses
105
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Listed by: Jane M. Netterville • Jane Netterville Broker & Associates
Mls Name: My State MLS
Mls ID: #11586601