40054 Highway 38Mount 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 40054 Highway 38, Mount Hermon, LA, 70450 offers a 0% rental yield on a $674,000 purchase with $0/mo rent. 53% in year one. Equity gained on principal adds $4,349/yr while 5% annual appreciation supports $186,214 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,299/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
61.81 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: Rose Clouse • Snap Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2491254
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