34866 38th HwyMount HermonLA70450
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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 Mount Hermon at 34866 38th Hwy, Mount Hermon, LA, 70450 earns $110/mo cash flow from $1,188/mo rent with a $852/mo payment. Total monthly income totals $1,188/mo, and annual cash flow totals $1,318/yr on $57,681 capital. ROI tracks 22.19% on current figures, and rental yield reads 8.19% at a $174,000 purchase. Equity gained on principal adds $1,123/yr, and 5% annual appreciation supports $48,073 over five years. Five-year ROI reaches 115.12% and total cumulative return in cash sums $66,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,188/mo property income instead of your personal income.
Single Family
Built in 1968
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70450, Mount Hermon, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 918 (70.0%) |
| Renter Occupied HU | 176 (13.4%) |
| Vacant Housing Units | 218 (16.6%) |
| Median Home Value | $210,714 |
| Average Home Value | $232,563 |
Housing Distribution
Address Breakdown
Residential
1,328
Single Family
1,328
Multi-Family
0
Businesses
27
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Listed by: Tonya Foil-Goings • BAAS Realty
Mls Name: GSREIN
Mls ID: #2537092