3812 Highway 121BoyceLA71409
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Nearby investment properties with comparable prices
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 Boyce at 3812 Highway 121, Boyce, LA, 71409 offers a 9.65% rental yield on a $265,500 purchase with $2,135/mo rent. Total monthly income registers $2,135/mo, and a $1,299/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,890/yr on $88,013 to close, and return on cash invested stands at 26.6% in year one. Equity gained on principal adds $1,713/yr while 5% annual appreciation supports $73,353 over five years. Portfolio math shows five-year ROI at 138.73% and total cumulative return in cash at $122,104. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,135/mo property income against a $1,299/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71409, Boyce, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 1,960 (67.8%) |
| Renter Occupied HU | 534 (18.5%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $205,960 |
| Average Home Value | $226,966 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,299
Multi-Family
0
Businesses
110
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