4940 Cottage DrAddisLA70710
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.94% yield at 4940 Cottage Dr, Addis, LA, 70710 in Addis is solid, but the $1,549/mo payment compresses net cash flow to $146/mo at $344,445. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $95,164 by year five, and $3,172/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.47) without U.S. income documentation. Total projected return: $140,059.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.0% |
| Monthly Cash Flow | $146 | $300 |
City averages based on Addis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $1,997 |
| DSCR Ratio | 1.14x |
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 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70710, Addis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,398 (100%) |
| Owner Occupied HU | 2,129 (62.7%) |
| Renter Occupied HU | 842 (24.8%) |
| Vacant Housing Units | 427 (12.6%) |
| Median Home Value | $237,102 |
| Average Home Value | $237,637 |
Housing Distribution
Address Breakdown
Residential
3,278
Single Family
2,719
Multi-Family
559
Businesses
103
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 2025
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70710, Addis, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,398 (100%) |
| Owner Occupied HU | 2,129 (62.7%) |
| Renter Occupied HU | 842 (24.8%) |
| Vacant Housing Units | 427 (12.6%) |
| Median Home Value | $237,102 |
| Average Home Value | $237,637 |
Housing Distribution
Address Breakdown
Residential
3,278
Single Family
2,719
Multi-Family
559
Businesses
103
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices