286 Ahtus Melder RdForest HillLA71430
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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 Forest Hill at 286 Ahtus Melder Rd, Forest Hill, LA, 71430 uses $65,935 cash to close to unlock $4,061/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $1,571/mo, and a $974/mo payment keeps the spread at $338/mo. Purchase price stands at $198,900, and rental yield measures 9.48% with $1,571/mo rent. Return on cash invested shows 26.07% in year one, and 5% annual appreciation builds toward $54,952 over five years. Five-year ROI reaches 135.93% and total cumulative return in cash records $89,627. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,571/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 2011
4.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71430, Forest Hill, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,161 (100%) |
| Owner Occupied HU | 779 (67.1%) |
| Renter Occupied HU | 167 (14.4%) |
| Vacant Housing Units | 215 (18.5%) |
| Median Home Value | $228,858 |
| Average Home Value | $218,569 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
72
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Listed by: BRENDA LUTTGEHARM • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls Provider:
Mls ID: #2482992
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.