309 S Joseph StWelshLA70591
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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 Welsh at 309 S Joseph St, Welsh, LA, 70591 offers a 8.66% rental yield on a $188,700 purchase with $1,362/mo rent. Total monthly income registers $1,362/mo, and a $924/mo payment leaves $193/mo available for distribution. Annual cash flow reaches $2,312/yr on $62,554 to close, and return on cash invested stands at 23.61% in year one. Equity gained on principal adds $1,218/yr while 5% annual appreciation supports $52,134 over five years. Portfolio math shows five-year ROI at 122.7% and total cumulative return in cash at $76,752. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,362/mo property income against a $924/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70591, Welsh, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,424 (100%) |
| Owner Occupied HU | 1,593 (65.7%) |
| Renter Occupied HU | 536 (22.1%) |
| Vacant Housing Units | 295 (12.2%) |
| Median Home Value | $178,632 |
| Average Home Value | $193,374 |
Housing Distribution
Address Breakdown
Residential
2,142
Single Family
2,122
Multi-Family
20
Businesses
126
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