402 Catahoula StHarrisonburgLA71340
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 402 Catahoula St, Harrisonburg, LA, 71340 in Harrisonburg is capital appreciation. Rental yield 0%. The 0% gross yield at $159,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $43,929 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $550 |
City averages based on Harrisonburg market data in our database. Property projections are estimates.
Single Family
Built in 1973
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71340, Harrisonburg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 380 (62.5%) |
| Renter Occupied HU | 88 (14.5%) |
| Vacant Housing Units | 140 (23.0%) |
| Median Home Value | $100,893 |
| Average Home Value | $129,138 |
Housing Distribution
Address Breakdown
Residential
264
Single Family
239
Multi-Family
25
Businesses
54
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No similar rental properties found nearby.
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11799596
