523 Lakota StIowaLA70647
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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
Rental property for sale in Iowa at 523 Lakota St, Iowa, LA, 70647 priced at $228,900 pairs $2,236/mo rent with $818/mo cash flow after a $1,120/mo payment. Total monthly income equals $2,236/mo, and annual cash flow comes to $9,821/yr on $75,880 invested. Return on cash invested is 32.85% in year one, and rental yield stands at 11.72% on a $228,900 basis. Equity gained on principal adds $1,477/yr, and 5% annual appreciation accumulates to $63,241 by year five. Five-year ROI measures 172.28% and total cumulative return in cash reaches $130,725. For financing, Ziffy Mortgage’s DSCR program evaluates $2,236/mo property income against a $1,120/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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