37059 Myerson Ln, Walker, LA, 70785 | $600/mo Cash Flow

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

Investment property for sale in Walker at 37059 Myerson Ln, Walker, LA, 70785 offers a 11.68% rental yield on a $169,500 purchase with $1,650/mo rent. Total monthly income registers $1,650/mo, and a $830/mo payment leaves $600/mo available for distribution. Annual cash flow reaches $7,196/yr on $56,189 to close, and return on cash invested stands at 32.72% in year one. Equity gained on principal adds $1,094/yr while 5% annual appreciation supports $46,830 over five years. Portfolio math shows five-year ROI at 171.55% and total cumulative return in cash at $96,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,650/mo property income against a $830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2007

0.62 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70785, Walker, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,687 (100%)
Owner Occupied HU	7,148 (73.8%)
Renter Occupied HU	1,802 (18.6%)
Vacant Housing Units	737 ( 7.6%)
Median Home Value	$255,631
Average Home Value	$286,492