305 Thomas StHaughtonLA71037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 305 Thomas St, Haughton, LA, 71037 in Haughton. Priced at $226,000, it generates $2,021/mo in gross rent and $562/mo in net monthly cash flow, a 10.73% yield that comfortably supports the 1.99 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,741. Five-year appreciation: $62,440. Equity from principal paydown: $2,081/yr. Total projected cumulative return: $122,189.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 6.3% |
| Monthly Cash Flow | $562 | $850 |
City averages based on Haughton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,021 |
| Total Monthly Debt Service | $1,369 |
| DSCR Ratio | 1.48x |
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 1983
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71037, Haughton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,343 (100%) |
| Owner Occupied HU | 7,046 (75.4%) |
| Renter Occupied HU | 1,491 (16.0%) |
| Vacant Housing Units | 806 ( 8.6%) |
| Median Home Value | $234,885 |
| Average Home Value | $256,469 |
Housing Distribution
Address Breakdown
Residential
8,803
Single Family
8,775
Multi-Family
28
Businesses
306
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 1983
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71037, Haughton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,343 (100%) |
| Owner Occupied HU | 7,046 (75.4%) |
| Renter Occupied HU | 1,491 (16.0%) |
| Vacant Housing Units | 806 ( 8.6%) |
| Median Home Value | $234,885 |
| Average Home Value | $256,469 |
Housing Distribution
Address Breakdown
Residential
8,803
Single Family
8,775
Multi-Family
28
Businesses
306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shantelle Hamilton • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20882155
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.