282 S Wilderness RdPort BarreLA70577
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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
Rental property for sale in Port Barre at 282 S Wilderness Rd, Port Barre, LA, 70577 generates $1,735/mo in rent, after a $2,203/mo payment. Total monthly income is $1,735/mo. Return on cash invested sits at 11.44% in year one, and rental yield is 4.63% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 57.42% and total cumulative return in cash sums $85,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,735/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70577, Port Barre, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,215 (100%) |
| Owner Occupied HU | 1,449 (65.4%) |
| Renter Occupied HU | 423 (19.1%) |
| Vacant Housing Units | 343 (15.5%) |
| Median Home Value | $154,688 |
| Average Home Value | $168,653 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,362
Multi-Family
8
Businesses
71
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Listed by: Dave Fisher • Wildlife Land Group
Mls Name: United Country
Mls ID: #17028-250029