405 East RdSareptaLA71071
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 405 East Rd, Sarepta, LA, 71071 in Sarepta at $289,900 earns $1,879/mo in rent and nets $83/mo after the $1,304/mo payment, a 7.78% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $80,094 over five years. Ziffy Mortgage underwrites this on a 1.44 DSCR without U.S. credit history. With $2,670/yr in principal paydown, total projected return reaches $115,308.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.0% |
| Monthly Cash Flow | $83 | $600 |
City averages based on Sarepta market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,879 |
| Total Monthly Debt Service | $1,680 |
| DSCR Ratio | 1.12x |
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.
Single Family
Built in 1965
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71071, Sarepta, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 860 (68.9%) |
| Renter Occupied HU | 219 (17.5%) |
| Vacant Housing Units | 170 (13.6%) |
| Median Home Value | $111,111 |
| Average Home Value | $143,680 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
958
Multi-Family
22
Businesses
63
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
Single Family
Built in 1965
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71071, Sarepta, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 860 (68.9%) |
| Renter Occupied HU | 219 (17.5%) |
| Vacant Housing Units | 170 (13.6%) |
| Median Home Value | $111,111 |
| Average Home Value | $143,680 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
958
Multi-Family
22
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis McMullan • McMullan Realty
Mls Name: NTREIS
Mls ID: #20788745
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.