506 Georgia AveBogalusaLA70427
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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 Bogalusa at 506 Georgia Ave, Bogalusa, LA, 70427 with 5% annual appreciation on a $155,000 basis while $1,181/mo rent supports operations. Total monthly income totals $1,181/mo and a $759/mo payment preserves $221/mo for cash returns. Annual cash flow comes to $2,646/yr on $51,383 deployed, and return on cash invested reaches 25.06% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.14%. Five-year ROI measures 130.49% and total cumulative return in cash totals $67,048.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,181/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70427, Bogalusa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,249 (100%) |
| Owner Occupied HU | 4,865 (52.6%) |
| Renter Occupied HU | 2,563 (27.7%) |
| Vacant Housing Units | 1,821 (19.7%) |
| Median Home Value | $129,834 |
| Average Home Value | $164,962 |
Housing Distribution
Address Breakdown
Residential
8,408
Single Family
8,323
Multi-Family
85
Businesses
695
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