5245 Groom RdBakerLA70714
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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 Baker at 5245 Groom Rd, Baker, LA, 70714 generates $1,131/mo in rent and, after a $734/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,131/mo, and annual cash flow is $2,424/yr on $49,725 invested. Return on cash invested sits at 24.78% in year one, and rental yield is 9.05% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 129% and total cumulative return in cash sums $64,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,131/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.50 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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