510 Highway 556ChoudrantLA71227
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 510 Highway 556, Choudrant, LA, 71227 in Choudrant at $128,000 earns $983/mo in rent and nets $190/mo after the $576/mo payment, a 9.21% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $35,364 over five years. Ziffy Mortgage underwrites this on a 1.71 DSCR without U.S. credit history. With $1,179/yr in principal paydown, total projected return reaches $60,764.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $190 | $650 |
City averages based on Choudrant market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $983 |
| Total Monthly Debt Service | $742 |
| DSCR Ratio | 1.32x |
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 1950
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71227, Choudrant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,460 (74.6%) |
| Renter Occupied HU | 313 (16.0%) |
| Vacant Housing Units | 183 ( 9.4%) |
| Median Home Value | $273,270 |
| Average Home Value | $302,488 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
82
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 1950
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71227, Choudrant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,460 (74.6%) |
| Renter Occupied HU | 313 (16.0%) |
| Vacant Housing Units | 183 ( 9.4%) |
| Median Home Value | $273,270 |
| Average Home Value | $302,488 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices