435 Sherwood DrDry ProngLA71423
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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 Dry Prong at 435 Sherwood Dr, Dry Prong, LA, 71423 listed at $210,500 pairs $1,382/mo rent with a $1,030/mo payment to leave $78/mo cash flow. Total monthly income runs $1,382/mo, and annual cash flow reaches $940/yr on $69,781 cash to close. Return on cash invested measures 21.26% in year one, and rental yield registers 7.88% at a $210,500 basis. Equity gained on principal adds $1,358/yr, and annual property appreciation at 5% supports $58,157 by year five. Five-year ROI tracks 110.1% and total cumulative return in cash totals $76,828. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,382/mo property income relative to a $1,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71423, Dry Prong, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,518 (100%) |
| Owner Occupied HU | 1,909 (75.8%) |
| Renter Occupied HU | 327 (13.0%) |
| Vacant Housing Units | 282 (11.2%) |
| Median Home Value | $191,465 |
| Average Home Value | $223,387 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
2,119
Multi-Family
0
Businesses
84
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Listed by: JACOB GILCREASE • KELLER WILLIAMS REALTY CENLA PARTNERS
Mls Name: GCLRA
Mls Provider:
Mls ID: #2466976
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.