31921 Redrick DrWalkerLA70785
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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 Walker at 31921 Redrick Dr, Walker, LA, 70785 listed at $494,900 pairs $2,160/mo rent with a $2,422/mo payment. Total monthly income runs $2,160/mo. Return on cash invested measures 13.29% in year one, and rental yield registers 5.24% at a $494,900 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,732 by year five. Five-year ROI tracks 67.35% and total cumulative return in cash totals $110,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $2,422/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70785, Walker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,687 (100%) |
| Owner Occupied HU | 7,148 (73.8%) |
| Renter Occupied HU | 1,802 (18.6%) |
| Vacant Housing Units | 737 ( 7.6%) |
| Median Home Value | $255,631 |
| Average Home Value | $286,492 |
Housing Distribution
Address Breakdown
Residential
9,239
Single Family
8,993
Multi-Family
246
Businesses
508
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