312 Belle Vue Dr, Lockport, LA, 70374 | $246/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lockport at 312 Belle Vue Dr, Lockport, LA, 70374 with 5% annual appreciation on a $280,000 basis while $1,980/mo rent supports operations. Total monthly income totals $1,980/mo and a $1,370/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,952/yr on $92,820 deployed, and return on cash invested reaches 23.09% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 8.49%. Five-year ROI measures 119.88% and total cumulative return in cash totals $111,273.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,980/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1978

0.38 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70374, Lockport, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,982 (100%)
Owner Occupied HU	2,037 (68.3%)
Renter Occupied HU	629 (21.1%)
Vacant Housing Units	316 (10.6%)
Median Home Value	$202,352
Average Home Value	$239,572