51 Highway 457LecompteLA71346
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 51 Highway 457, Lecompte, LA, 71346 in Lecompte, $110,000, 8.69% gross yield, $116/mo net income. Consider it a market-entry position, the $797/mo rent covers the $495/mo payment with a margin, and 5%/yr appreciation is projected to add $30,391 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.61) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $49,141.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.5% |
| Monthly Cash Flow | $116 | $350 |
City averages based on Lecompte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $797 |
| Total Monthly Debt Service | $638 |
| DSCR Ratio | 1.25x |
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 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71346, Lecompte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 790 (63.8%) |
| Renter Occupied HU | 216 (17.4%) |
| Vacant Housing Units | 232 (18.7%) |
| Median Home Value | $233,186 |
| Average Home Value | $226,396 |
Housing Distribution
Address Breakdown
Residential
767
Single Family
767
Multi-Family
0
Businesses
70
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 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71346, Lecompte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 790 (63.8%) |
| Renter Occupied HU | 216 (17.4%) |
| Vacant Housing Units | 232 (18.7%) |
| Median Home Value | $233,186 |
| Average Home Value | $226,396 |
Housing Distribution
Address Breakdown
Residential
767
Single Family
767
Multi-Family
0
Businesses
70
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DONAVON REDMON • STEVEN SEALE PROPERTIES, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2506422
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.