292 Strong StDoylineLA71023
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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 Doyline at 292 Strong St, Doyline, LA, 71023 offers $1,231/mo rent that, after a $978/mo payment. Total monthly income is $1,231/mo. Return on cash invested measures 19.78% in year one, and rental yield stands at 7.39% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 102.26% and total cumulative return in cash reaches $67,765. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,231/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71023, Doyline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,815 (100%) |
| Owner Occupied HU | 1,153 (63.5%) |
| Renter Occupied HU | 258 (14.2%) |
| Vacant Housing Units | 404 (22.3%) |
| Median Home Value | $120,313 |
| Average Home Value | $207,298 |
Housing Distribution
Address Breakdown
Residential
1,347
Single Family
1,323
Multi-Family
24
Businesses
59
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Listed by: Sarah McCoy • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #20869346
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.