423 Lakeshore DrOscarLA70762
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 423 Lakeshore Dr, Oscar, LA, 70762 in Oscar at $284,000 earns $1,917/mo in rent and nets $158/mo after the $1,277/mo payment, a 8.1% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $78,464 over five years. Ziffy Mortgage underwrites this on a 1.50 DSCR without U.S. credit history. With $2,616/yr in principal paydown, total projected return reaches $117,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.5% |
| Monthly Cash Flow | $158 | $1,200 |
City averages based on Oscar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,917 |
| Total Monthly Debt Service | $1,646 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2012
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70762, Oscar, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 695 (100%) |
| Owner Occupied HU | 501 (72.1%) |
| Renter Occupied HU | 52 ( 7.5%) |
| Vacant Housing Units | 142 (20.4%) |
| Median Home Value | $334,071 |
| Average Home Value | $312,645 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
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
Single Family
Built in 2012
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70762, Oscar, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 695 (100%) |
| Owner Occupied HU | 501 (72.1%) |
| Renter Occupied HU | 52 ( 7.5%) |
| Vacant Housing Units | 142 (20.4%) |
| Median Home Value | $334,071 |
| Average Home Value | $312,645 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices