408 Louisiana Ave #569FerridayLA71334
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 408 Louisiana Ave #569, Ferriday, LA, 71334 in Ferriday. Rental yield 0%. At $489,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $135,102 in new equity by year five, complemented by $4,504/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.1% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Ferriday market data in our database. Property projections are estimates.
Single Family
Built in 1973
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71334, Ferriday, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 2,004 (50.0%) |
| Renter Occupied HU | 1,191 (29.7%) |
| Vacant Housing Units | 814 (20.3%) |
| Median Home Value | $110,671 |
| Average Home Value | $171,524 |
Housing Distribution
Address Breakdown
Residential
3,348
Single Family
3,070
Multi-Family
278
Businesses
301
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1973
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71334, Ferriday, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 2,004 (50.0%) |
| Renter Occupied HU | 1,191 (29.7%) |
| Vacant Housing Units | 814 (20.3%) |
| Median Home Value | $110,671 |
| Average Home Value | $171,524 |
Housing Distribution
Address Breakdown
Residential
3,348
Single Family
3,070
Multi-Family
278
Businesses
301
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices