3045 3rd StLake ArthurLA70549
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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 Lake Arthur at 3045 3rd St, Lake Arthur, LA, 70549 offers a 8.36% rental yield on a $329,900 purchase with $2,298/mo rent. Total monthly income registers $2,298/mo, and a $1,615/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,050/yr on $109,362 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 117.84% and total cumulative return in cash at $128,871. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,298/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70549, Lake Arthur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,099 (61.7%) |
| Renter Occupied HU | 391 (22.0%) |
| Vacant Housing Units | 290 (16.3%) |
| Median Home Value | $114,100 |
| Average Home Value | $140,389 |
Housing Distribution
Address Breakdown
Residential
1,614
Single Family
1,614
Multi-Family
0
Businesses
101
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Listed by: Haley Bonin • Keller Williams Realty Lake Ch
Mls Name: Greater Southern MLS
Mls ID: #SWL25001711
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.