309-311 Sycamore StLogansportLA71049
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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 Logansport at 309-311 Sycamore St, Logansport, LA, 71049 earns $190/mo cash flow from $995/mo rent with a $636/mo payment. Total monthly income totals $995/mo, and annual cash flow totals $2,282/yr on $43,062 capital. ROI tracks 25.21% on current figures, and rental yield reads 9.19% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 131.38% and total cumulative return in cash sums $56,575. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $995/mo property income instead of your personal income.
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71049, Logansport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 1,025 (61.0%) |
| Renter Occupied HU | 347 (20.7%) |
| Vacant Housing Units | 307 (18.3%) |
| Median Home Value | $155,429 |
| Average Home Value | $204,927 |
Housing Distribution
Address Breakdown
Residential
1,190
Single Family
1,190
Multi-Family
0
Businesses
97
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Listed by: Tracy Thomas • Century 21 United
Mls Name: NTREIS
Mls ID: #21091340