507 Pickering StMooringsportLA71060
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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 Mooringsport at 507 Pickering St, Mooringsport, LA, 71060 earns $358/mo cash flow from $1,152/mo rent with a $622/mo payment. Total monthly income totals $1,152/mo, and annual cash flow totals $4,301/yr on $42,101 capital. ROI tracks 30.13% on current figures, and rental yield reads 10.89% at a $127,000 purchase. Equity gained on principal adds $820/yr, and 5% annual appreciation supports $35,088 over five years. Five-year ROI reaches 157.76% and total cumulative return in cash sums $66,417. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,152/mo property income instead of your personal income.
Single Family
Built in 1980
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71060, Mooringsport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 919 (67.6%) |
| Renter Occupied HU | 246 (18.1%) |
| Vacant Housing Units | 194 (14.3%) |
| Median Home Value | $185,156 |
| Average Home Value | $211,017 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,188
Multi-Family
32
Businesses
43
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Listed by: Gary Frank • Call It Closed International, Inc.
Mls Name: NTREIS
Mls ID: #20958260
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.