237 Steel Magnolia LnAnacocoLA71403
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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 Anacoco at 237 Steel Magnolia Ln, Anacoco, LA, 71403 offers $2,040/mo rent that, after a $1,268/mo payment, leaves $435/mo cash flow. Total monthly income is $2,040/mo, and annual cash flow is $5,224/yr on $85,859 cash. Return on cash invested measures 25.99% in year one, and rental yield stands at 9.45% at a $259,000 entry. Equity gained on principal adds $1,671/yr while 5% annual appreciation compounds into $71,557 by year five. Five-year ROI records 135.51% and total cumulative return in cash reaches $116,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,040/mo property income versus a $1,268/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71403, Anacoco, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,077 (100%) |
| Owner Occupied HU | 1,444 (69.5%) |
| Renter Occupied HU | 302 (14.5%) |
| Vacant Housing Units | 331 (15.9%) |
| Median Home Value | $180,155 |
| Average Home Value | $195,999 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,839
Multi-Family
0
Businesses
58
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