408 Robert StRustonLA71270
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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
Rental property for sale in Ruston at 408 Robert St, Ruston, LA, 71270 generates $1,880/mo in rent and, after a $1,199/mo payment, leaves $363/mo in cash flow. Total monthly income is $1,880/mo, and annual cash flow is $4,350/yr on $81,218 invested. Return on cash invested sits at 25.26% in year one, and rental yield is 9.21% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 131.59% and total cumulative return in cash sums $106,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71270, Ruston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 6,684 (43.8%) |
| Renter Occupied HU | 6,746 (44.2%) |
| Vacant Housing Units | 1,826 (12.0%) |
| Median Home Value | $233,923 |
| Average Home Value | $263,023 |
Housing Distribution
Address Breakdown
Residential
14,891
Single Family
13,882
Multi-Family
1,009
Businesses
1,277
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