33001 Horseshoe Rd N, Independence, LA, 70443 | 4.64% Rental Yield

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

Total monthly income runs $1,198/mo, and a $1,517/mo payment. Purchase price stands at $310,000, and rental yield measures 4.64% with $1,198/mo rent. Return on cash invested shows 11.48% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 57.62% and total cumulative return in cash records $59,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,198/mo property income covering a $1,517/mo payment rather than investor’s personal income.

Single Family

Built in 1978

2 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70443, Independence, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,058 (100%)
Owner Occupied HU	3,407 (67.4%)
Renter Occupied HU	1,040 (20.6%)
Vacant Housing Units	611 (12.1%)
Median Home Value	$207,500
Average Home Value	$238,147