4188 Dearing LnFordocheLA70732
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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 Fordoche at 4188 Dearing Ln, Fordoche, LA, 70732 offers a 0% rental yield on a $140,000 purchase with $0/mo rent. 51% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70732, Fordoche, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 390 (75.0%) |
| Renter Occupied HU | 60 (11.5%) |
| Vacant Housing Units | 70 (13.5%) |
| Median Home Value | $202,817 |
| Average Home Value | $225,628 |
Housing Distribution
Address Breakdown
Residential
192
Single Family
192
Multi-Family
0
Businesses
7
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