308 Coffee StDequincyLA70633
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
Investment Highlights
Rental property for sale in Dequincy at 308 Coffee St, Dequincy, LA, 70633 priced at $124,500 converts $956/mo rent into $185/mo cash flow after a $609/mo obligation. Total monthly income equals $956/mo, and annual cash flow totals $2,222/yr on $41,272 invested. Return on cash invested prints 25.29% in year one, and rental yield reads 9.21% against a $124,500 entry. Equity gained on principal adds $803/yr, while 5% annual appreciation compiles into $34,397 by year five. Five-year ROI reaches 131.81% and total cumulative return in cash sums $54,400. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $956/mo property income covering a $609/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70633, Dequincy, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,666 (100%) |
| Owner Occupied HU | 2,535 (69.1%) |
| Renter Occupied HU | 650 (17.7%) |
| Vacant Housing Units | 481 (13.1%) |
| Median Home Value | $232,621 |
| Average Home Value | $270,845 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,320
Multi-Family
0
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices