355 Copeland DrConverseLA71419
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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 Converse at 355 Copeland Dr, Converse, LA, 71419 offers a 0% rental yield on a $225,000 purchase with $0/mo rent. 51% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71419, Converse, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,082 (100%) |
| Owner Occupied HU | 688 (63.6%) |
| Renter Occupied HU | 138 (12.8%) |
| Vacant Housing Units | 256 (23.7%) |
| Median Home Value | $114,412 |
| Average Home Value | $195,799 |
Housing Distribution
Address Breakdown
Residential
956
Single Family
956
Multi-Family
0
Businesses
32
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Listed by: Kim Bowen • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls Provider:
Mls ID: #2494441
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.