3237 Rock Rd #3241Sicily IslandLA71368
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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 Sicily Island at 3237 Rock Rd #3241, Sicily Island, LA, 71368 uses $43,095 cash to close to unlock $636/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $858/mo, and a $636/mo payment keeps the spread at $53/mo. Purchase price stands at $130,000, and rental yield measures 7.92% with $858/mo rent. Return on cash invested shows 21.38% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 110.75% and total cumulative return in cash records $47,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $858/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71368, Sicily Island, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 702 (100%) |
| Owner Occupied HU | 429 (61.1%) |
| Renter Occupied HU | 142 (20.2%) |
| Vacant Housing Units | 131 (18.7%) |
| Median Home Value | $137,702 |
| Average Home Value | $144,301 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
48
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Listed by: Charlotte Cripps • Four Seasons Real Estate of Louisiana
Mls Name: My State MLS
Mls ID: #11288848