41 David Burns RdBoyceLA71409
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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 Boyce at 41 David Burns Rd, Boyce, LA, 71409 offers $1,523/mo rent that, after a $1,260/mo payment. Total monthly income is $1,523/mo. Return on cash invested measures 18.9% in year one, and rental yield stands at 7.1% at a $257,500 entry. Equity gained on principal adds $1,662/yr while 5% annual appreciation compounds into $71,143 by year five. Five-year ROI records 97.48% and total cumulative return in cash reaches $83,209. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,523/mo property income versus a $1,260/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71409, Boyce, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 1,960 (67.8%) |
| Renter Occupied HU | 534 (18.5%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $205,960 |
| Average Home Value | $226,966 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,299
Multi-Family
0
Businesses
110
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Listed by: Luke Borrel • Ahrens Realty Company, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2499376
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.