246 & 314 Scarborough East Third AveNatchitochesLA71457
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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 Natchitoches at 246 & 314 Scarborough East Third Ave, Natchitoches, LA, 71457 offers a 7.12% rental yield on a $190,000 purchase with $1,127/mo rent. 96% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 97.72% and total cumulative return in cash at $61,548. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,127/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
9,417 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71457, Natchitoches, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,064 (100%) |
| Owner Occupied HU | 6,028 (46.1%) |
| Renter Occupied HU | 4,955 (37.9%) |
| Vacant Housing Units | 2,081 (15.9%) |
| Median Home Value | $202,969 |
| Average Home Value | $239,760 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
10,749
Multi-Family
1,091
Businesses
1,196
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Listed by: Tiffany Cheatwood-Syse • Re/Max Real Estate Professionals
Mls Name: GCLRA
Mls ID: #2527747