31394` W River RdVarnadoLA70467
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 31394` W River Rd, Varnado, LA, 70467 in Varnado. Rental yield 3.31%. At $282,500 with 3.31% gross yield, current distributions are modest, but the 5% appreciation rate projects $78,050 in new equity by year five, complemented by $2,602/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.61) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $44,742.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 7.0% |
| Monthly Cash Flow | $(970) | $550 |
City averages based on Varnado market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $780 |
| Total Monthly Debt Service | $1,638 |
| DSCR Ratio | 0.48x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70467, Angie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24 (100%) |
| Owner Occupied HU | 12 (50.0%) |
| Renter Occupied HU | 6 (25.0%) |
| Vacant Housing Units | 6 (25.0%) |
| Median Home Value | $95,000 |
| Average Home Value | $130,625 |
Housing Distribution
Address Breakdown
Residential
18
Single Family
0
Multi-Family
0
Businesses
5
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
Single Family
Built in 2004
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70467, Angie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24 (100%) |
| Owner Occupied HU | 12 (50.0%) |
| Renter Occupied HU | 6 (25.0%) |
| Vacant Housing Units | 6 (25.0%) |
| Median Home Value | $95,000 |
| Average Home Value | $130,625 |
Housing Distribution
Address Breakdown
Residential
18
Single Family
0
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Cantrell • Doug Rushing Realty, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2448561
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