306 White Castle SIowaLA70647
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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 Iowa at 306 White Castle S, Iowa, LA, 70647 listed at $234,125 pairs $1,350/mo rent with a $1,146/mo payment. Total monthly income runs $1,350/mo. Return on cash invested measures 18.36% in year one, and rental yield registers 6.92% at a $234,125 basis. Equity gained on principal adds $1,511/yr, and annual property appreciation at 5% supports $64,684 by year five. Five-year ROI tracks 94.54% and total cumulative return in cash totals $73,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,350/mo property income relative to a $1,146/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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