243 Dove Tail Dr,Gray,LA,70359

Investment Highlights

Rental property for sale in Gray at 243 Dove Tail Dr, Gray, LA, 70359 offers $1,560/mo rent that, after a $1,219/mo payment, leaves $17/mo cash flow. Total monthly income is $1,560/mo, and annual cash flow is $208/yr on $82,544 cash. Return on cash invested measures 20.16% in year one, and rental yield stands at 7.52% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 104.25% and total cumulative return in cash reaches $86,048. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.