493 Lakeview DrDoylineLA71023
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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 493 Lakeview Dr, Doyline, LA, 71023 offers a 9.64% rental yield on a $114,900 purchase with $923/mo rent. Total monthly income registers $923/mo, and a $562/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,540/yr on $38,089 to close, and return on cash invested stands at 26.58% in year one. Equity gained on principal adds $741/yr while 5% annual appreciation supports $31,745 over five years. Portfolio math shows five-year ROI at 138.63% and total cumulative return in cash at $52,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $923/mo property income against a $562/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
1.65 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: Richard Hostetler • Prime Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20767339
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.