30540 Lee DrWalkerLA70785
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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
Investment property for sale in Walker at 30540 Lee Dr, Walker, LA, 70785 listed at $118,000 pairs $900/mo rent with a $578/mo payment to leave $169/mo cash flow. Total monthly income runs $900/mo, and annual cash flow reaches $2,023/yr on $39,117 cash to close. Return on cash invested measures 25.08% in year one, and rental yield registers 9.15% at a $118,000 basis. Equity gained on principal adds $761/yr, and annual property appreciation at 5% supports $32,601 by year five. Five-year ROI tracks 130.63% and total cumulative return in cash totals $51,099. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $900/mo property income relative to a $578/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2010
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70785, Walker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,687 (100%) |
| Owner Occupied HU | 7,148 (73.8%) |
| Renter Occupied HU | 1,802 (18.6%) |
| Vacant Housing Units | 737 ( 7.6%) |
| Median Home Value | $255,631 |
| Average Home Value | $286,492 |
Housing Distribution
Address Breakdown
Residential
9,239
Single Family
8,993
Multi-Family
246
Businesses
508
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Listed by: Dawn Storey-Bishop • Dawson Grey Real Estate
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024010983
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. Copyright 2024 ROAM MLS.