396 Highway 145DownsvilleLA71234
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow396 Highway 145, Downsville, LA, 71234 in Downsville is a solid income-producing rental, 11.43% gross yield, $1,096/mo rent, $383/mo net cash flow on a $115,000 buy. DSCR 2.12 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $31,772 and $1,059/yr in principal reduction project a total cumulative return of $68,327.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.0% |
| Monthly Cash Flow | $383 | $400 |
City averages based on Downsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,096 |
| Total Monthly Debt Service | $667 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71234, Downsville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,400 (71.6%) |
| Renter Occupied HU | 248 (12.7%) |
| Vacant Housing Units | 306 (15.7%) |
| Median Home Value | $215,468 |
| Average Home Value | $219,575 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
2,023
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
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
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71234, Downsville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,400 (71.6%) |
| Renter Occupied HU | 248 (12.7%) |
| Vacant Housing Units | 306 (15.7%) |
| Median Home Value | $215,468 |
| Average Home Value | $219,575 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
2,023
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Billy Hadder • Keller Williams Parishwide Partners
Mls Name: NELAR
Mls ID: #216019