409 Highway 389DequincyLA70633
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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 Dequincy at 409 Highway 389, Dequincy, LA, 70633 earns $304/mo cash flow from $2,144/mo rent with a $1,454/mo payment. Total monthly income totals $2,144/mo, and annual cash flow totals $3,647/yr on $98,456 capital. ROI tracks 23.61% on current figures, and rental yield reads 8.66% at a $297,000 purchase. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 over five years. Five-year ROI reaches 122.71% and total cumulative return in cash sums $120,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,144/mo property income instead of your personal income.
Single Family
Built in 1985
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70633, Dequincy, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,666 (100%) |
| Owner Occupied HU | 2,535 (69.1%) |
| Renter Occupied HU | 650 (17.7%) |
| Vacant Housing Units | 481 (13.1%) |
| Median Home Value | $232,621 |
| Average Home Value | $270,845 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,320
Multi-Family
0
Businesses
240
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Listed by: Kim Rainwater • Realty Solutions
Mls Name: SWLAR
Mls ID: #SWL25100184
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.