514 Myrtle StBakerLA70714
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
Investment Highlights
Investment property for sale in Baker at 514 Myrtle St, Baker, LA, 70714 at $154,900 posts ROI 23.48% with $153/mo cash flow from $1,164/mo rent. Total monthly income equals $1,164/mo, and annual cash flow records $1,833/yr on $51,349 to close. Return on cash invested measures 23.48% and rental yield reads 9.02% at the current $154,900. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,796 by year five. Five-year ROI prints 122.47% and total cumulative return in cash totals $62,888.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,164/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70714, Baker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 5,117 (66.8%) |
| Renter Occupied HU | 1,783 (23.3%) |
| Vacant Housing Units | 762 ( 9.9%) |
| Median Home Value | $186,650 |
| Average Home Value | $241,456 |
Housing Distribution
Address Breakdown
Residential
7,485
Single Family
6,774
Multi-Family
711
Businesses
364
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Nearby investment properties with comparable prices
Listed by: Ronald Julien • Donald Julien & Associates BR
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025017354
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. Copyright 2025 ROAM MLS.