469 Foreman RdDoylineLA71023
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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 Doyline at 469 Foreman Rd, Doyline, LA, 71023 listed at $450,000 pairs $1,546/mo rent with a $2,203/mo payment. Total monthly income runs $1,546/mo. Return on cash invested measures 9.92% in year one, and rental yield registers 4.12% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 49.26% and total cumulative return in cash totals $73,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,546/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71023, Doyline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,815 (100%) |
| Owner Occupied HU | 1,153 (63.5%) |
| Renter Occupied HU | 258 (14.2%) |
| Vacant Housing Units | 404 (22.3%) |
| Median Home Value | $120,313 |
| Average Home Value | $207,298 |
Housing Distribution
Address Breakdown
Residential
1,347
Single Family
1,323
Multi-Family
24
Businesses
59
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Listed by: Tracy Thomas • Century 21 United
Mls Name: NTREIS
Mls ID: #21048673
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.