285 Lakeshore DrOscarLA70762
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 285 Lakeshore Dr, Oscar, LA, 70762 in Oscar is narrow, $112/mo net on $2,141/mo rent after the $1,438/mo debt service, but the property operates at break-even-plus, not a loss. At $319,900 with a 8.03% yield, the long-run equity case via 5% appreciation ($88,382 over five years) and $2,946/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.49 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $131,639.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.5% |
| Monthly Cash Flow | $112 | $1,200 |
City averages based on Oscar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,141 |
| Total Monthly Debt Service | $1,854 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2020
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70762, Oscar, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 695 (100%) |
| Owner Occupied HU | 501 (72.1%) |
| Renter Occupied HU | 52 ( 7.5%) |
| Vacant Housing Units | 142 (20.4%) |
| Median Home Value | $334,071 |
| Average Home Value | $312,645 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
8
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 2020
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70762, Oscar, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 695 (100%) |
| Owner Occupied HU | 501 (72.1%) |
| Renter Occupied HU | 52 ( 7.5%) |
| Vacant Housing Units | 142 (20.4%) |
| Median Home Value | $334,071 |
| Average Home Value | $312,645 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices