2415 Highway 153CastorLA71016
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
Investment Highlights
Investment property for sale in Castor at 2415 Highway 153, Castor, LA, 71016 listed at $160,000 pairs $1,493/mo rent with a $783/mo payment to leave $502/mo cash flow. Total monthly income runs $1,493/mo, and annual cash flow reaches $6,024/yr on $53,040 cash to close. Return on cash invested measures 31.27% in year one, and rental yield registers 11.2% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 163.71% and total cumulative return in cash totals $86,834. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,493/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
3.75 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon McCartney • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20961324
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.