505 Beale StOak GroveLA71263
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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 Oak Grove at 505 Beale St, Oak Grove, LA, 71263 with 5% annual appreciation on a $115,000 basis while $922/mo rent supports operations. Total monthly income totals $922/mo and a $563/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,514/yr on $38,123 deployed, and return on cash invested reaches 26.5% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.62%. Five-year ROI measures 138.27% and total cumulative return in cash totals $52,713.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $922/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71263, Oak Grove, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,559 (100%) |
| Owner Occupied HU | 2,393 (67.2%) |
| Renter Occupied HU | 703 (19.8%) |
| Vacant Housing Units | 463 (13.0%) |
| Median Home Value | $115,544 |
| Average Home Value | $142,947 |
Housing Distribution
Address Breakdown
Residential
2,896
Single Family
2,896
Multi-Family
0
Businesses
286
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