302 Castor Plunge RdWoodworthLA71485
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
Investment Highlights
Rental property for sale in Woodworth at 302 Castor Plunge Rd, Woodworth, LA, 71485 offers $836/mo rent that, after a $538/mo payment, leaves $155/mo cash flow. Total monthly income is $836/mo, and annual cash flow is $1,860/yr on $36,465 cash. Return on cash invested measures 25.01% in year one, and rental yield stands at 9.12% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 130.18% and total cumulative return in cash reaches $47,472. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $836/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71485, Woodworth, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,019 (100%) |
| Owner Occupied HU | 767 (75.3%) |
| Renter Occupied HU | 176 (17.3%) |
| Vacant Housing Units | 76 ( 7.5%) |
| Median Home Value | $303,547 |
| Average Home Value | $300,385 |
Housing Distribution
Address Breakdown
Residential
974
Single Family
960
Multi-Family
14
Businesses
60
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Nearby investment properties with comparable prices