421 Shanghai RdBallLA71405
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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
Investment Highlights
Investment property for sale in Ball at 421 Shanghai Rd, Ball, LA, 71405 with 5% annual appreciation on a $145,000 basis while $1,091/mo rent supports operations. Total monthly income totals $1,091/mo and a $710/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,310/yr on $48,068 deployed, and return on cash invested reaches 24.71% in year one. Equity gained on principal adds $936/yr, and five-year appreciation sums $40,061 alongside rental yield of 9.03%. Five-year ROI measures 128.69% and total cumulative return in cash totals $61,856.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,091/mo property income versus a $710/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2010
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71405, Ball, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,580 (63.2%) |
| Renter Occupied HU | 680 (27.2%) |
| Vacant Housing Units | 239 ( 9.6%) |
| Median Home Value | $210,841 |
| Average Home Value | $237,619 |
Housing Distribution
Address Breakdown
Residential
2,348
Single Family
2,348
Multi-Family
0
Businesses
172
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Listed by: Jeremy Brister • 1 Percent List Cenla
Mls Name: GCLRA
Mls Provider:
Mls ID: #2463197
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.