2627 McGee Johnson StBasileLA70515
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2627 McGee Johnson St, Basile, LA, 70515 in Basile. Rental yield 6.79%. The 1.26 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $80,951 and $2,699/yr in principal reduction project total return of $100,954.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 7.2% |
| Monthly Cash Flow | $(158) | $450 |
City averages based on Basile market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,657 |
| Total Monthly Debt Service | $1,698 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70515, Basile, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 894 (63.0%) |
| Renter Occupied HU | 307 (21.7%) |
| Vacant Housing Units | 217 (15.3%) |
| Median Home Value | $151,282 |
| Average Home Value | $194,206 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,232
Multi-Family
12
Businesses
70
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
Single Family
Built in 1962
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70515, Basile, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 894 (63.0%) |
| Renter Occupied HU | 307 (21.7%) |
| Vacant Housing Units | 217 (15.3%) |
| Median Home Value | $151,282 |
| Average Home Value | $194,206 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,232
Multi-Family
12
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices