240 Highway 90PattersonLA70392
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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 Patterson at 240 Highway 90, Patterson, LA, 70392 earns from $954/mo rent with a $1,101/mo payment. Total monthly income totals $954/mo. ROI tracks 12.84% on current figures, and rental yield reads 5.09% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 64.96% and total cumulative return in cash sums $48,453. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $954/mo property income instead of your personal income.
Multi Family
Built in 1997
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70392, Patterson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,602 (100%) |
| Owner Occupied HU | 2,219 (61.6%) |
| Renter Occupied HU | 958 (26.6%) |
| Vacant Housing Units | 425 (11.8%) |
| Median Home Value | $155,885 |
| Average Home Value | $217,986 |
Housing Distribution
Address Breakdown
Residential
2,577
Single Family
2,569
Multi-Family
8
Businesses
202
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