32025 Lock Rd #2BushLA70431
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 32025 Lock Rd #2, Bush, LA, 70431 in Bush, $219,000, 8.06% gross yield, $114/mo net income. Consider it a market-entry position, the $1,471/mo rent covers the $985/mo payment with a margin, and 5%/yr appreciation is projected to add $60,506 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.49) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $90,430.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.0% |
| Monthly Cash Flow | $114 | $450 |
City averages based on Bush market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,471 |
| Total Monthly Debt Service | $1,269 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2008
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70431, Bush, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 2,325 (79.6%) |
| Renter Occupied HU | 307 (10.5%) |
| Vacant Housing Units | 288 ( 9.9%) |
| Median Home Value | $367,822 |
| Average Home Value | $405,738 |
Housing Distribution
Address Breakdown
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
33
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 2008
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70431, Bush, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,920 (100%) |
| Owner Occupied HU | 2,325 (79.6%) |
| Renter Occupied HU | 307 (10.5%) |
| Vacant Housing Units | 288 ( 9.9%) |
| Median Home Value | $367,822 |
| Average Home Value | $405,738 |
Housing Distribution
Address Breakdown
Residential
2,264
Single Family
2,264
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paola Pagoaga • Blue Magnolia Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2464224
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