3032 Highway 487MarthavilleLA71450
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 3032 Highway 487, Marthaville, LA, 71450 in Marthaville is straightforward: $160,000 in, $1,265/mo in rent, $274/mo out after debt service. The 9.49% gross yield and 1.76 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $44,205 by year five. With $1,474/yr in principal equity, the total cumulative return is projected at $78,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.5% |
| Monthly Cash Flow | $274 | $650 |
City averages based on Marthaville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,265 |
| Total Monthly Debt Service | $927 |
| DSCR Ratio | 1.36x |
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 1960
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71450, Marthaville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 298 (66.8%) |
| Renter Occupied HU | 48 (10.8%) |
| Vacant Housing Units | 100 (22.4%) |
| Median Home Value | $84,545 |
| Average Home Value | $153,565 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
16
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 1960
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71450, Marthaville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 298 (66.8%) |
| Renter Occupied HU | 48 (10.8%) |
| Vacant Housing Units | 100 (22.4%) |
| Median Home Value | $84,545 |
| Average Home Value | $153,565 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taryn Brooks • L Brooks Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11448483