244 Harrington StBastropLA71220
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 Bastrop at 244 Harrington St, Bastrop, LA, 71220 offers a 7.43% rental yield on a $127,000 purchase with $786/mo rent. 88% in year one. Equity gained on principal adds $820/yr while 5% annual appreciation supports $35,088 over five years. Portfolio math shows five-year ROI at 102.69% and total cumulative return in cash at $43,233. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $786/mo property income against a $622/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71220, Bastrop, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,728 (100%) |
| Owner Occupied HU | 5,466 (56.2%) |
| Renter Occupied HU | 2,971 (30.5%) |
| Vacant Housing Units | 1,291 (13.3%) |
| Median Home Value | $118,108 |
| Average Home Value | $154,806 |
Housing Distribution
Address Breakdown
Residential
9,554
Single Family
9,346
Multi-Family
208
Businesses
686
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Listed by: Jared English • Congress Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2476982
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