4802 Paradise Point DrBallLA71405
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 4802 Paradise Point Dr, Ball, LA, 71405 in Ball, $281,000, 8.3% gross yield, $118/mo net income. Consider it a market-entry position, the $1,943/mo rent covers the $1,264/mo payment with a margin, and 5%/yr appreciation is projected to add $77,635 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.54) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $114,461.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.1% |
| Monthly Cash Flow | $118 | $350 |
City averages based on Ball market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,943 |
| Total Monthly Debt Service | $1,714 |
| DSCR Ratio | 1.13x |
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 2007
0.31 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
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 2007
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHARON GRICE • LATTER AND BLUM Central Realty LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2500744
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.