35866 Dock Butler RdMount 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 35866 Dock Butler Rd, Mount Hermon, LA, 70450 uses $92,820 cash to close to unlock $8,736/yr annual cash flow and $728/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,370/mo payment keeps the spread at $728/mo. Purchase price stands at $280,000, and rental yield measures 10.55% with $2,462/mo rent. Return on cash invested shows 29.32% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 153.3% and total cumulative return in cash records $142,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 1983
3 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: Letitia Fussell • Coldwell Banker Key Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2505542
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