451 Esther RdColumbiaLA71418
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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 Columbia at 451 Esther Rd, Columbia, LA, 71418 offers a 9.13% rental yield on a $119,900 purchase with $912/mo rent. Total monthly income registers $912/mo, and a $587/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,030/yr on $39,747 to close, and return on cash invested stands at 25.02% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 130.36% and total cumulative return in cash at $51,816. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $912/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71418, Columbia, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,172 (100%) |
| Owner Occupied HU | 1,876 (59.1%) |
| Renter Occupied HU | 623 (19.6%) |
| Vacant Housing Units | 673 (21.2%) |
| Median Home Value | $130,282 |
| Average Home Value | $182,193 |
Housing Distribution
Address Breakdown
Residential
2,345
Single Family
2,243
Multi-Family
102
Businesses
231
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