2858 Garden Lakes DrPaulinaLA70763
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 2858 Garden Lakes Dr, Paulina, LA, 70763 in Paulina deserves attention. This $259,900 property earns $2,285/mo in rent, a 10.55% gross yield, and nets $675/mo after the $1,169/mo payment. DSCR 1.95 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $71,806 compounds alongside $2,394/yr in yearly equity build, for a total cumulative return of $142,020.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $675 | $800 |
City averages based on Paulina market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,285 |
| Total Monthly Debt Service | $1,507 |
| DSCR Ratio | 1.52x |
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 2009
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70763, Paulina, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,664 (100%) |
| Owner Occupied HU | 1,362 (81.9%) |
| Renter Occupied HU | 148 ( 8.9%) |
| Vacant Housing Units | 154 ( 9.3%) |
| Median Home Value | $346,122 |
| Average Home Value | $379,148 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,342
Multi-Family
59
Businesses
54
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 2009
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70763, Paulina, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,664 (100%) |
| Owner Occupied HU | 1,362 (81.9%) |
| Renter Occupied HU | 148 ( 8.9%) |
| Vacant Housing Units | 154 ( 9.3%) |
| Median Home Value | $346,122 |
| Average Home Value | $379,148 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,342
Multi-Family
59
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices