533 Mullican RdBaskinLA71219
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 533 Mullican Rd, Baskin, LA, 71219 in Baskin is straightforward: $150,000 in, $1,178/mo in rent, $249/mo out after debt service. The 9.42% gross yield and 1.75 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $41,442 by year five. With $1,382/yr in principal equity, the total cumulative return is projected at $72,920.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $249 | $900 |
City averages based on Baskin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,178 |
| Total Monthly Debt Service | $869 |
| DSCR Ratio | 1.35x |
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 N/A
4.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71219, Baskin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 412 (77.4%) |
| Renter Occupied HU | 51 ( 9.6%) |
| Vacant Housing Units | 69 (13.0%) |
| Median Home Value | $108,333 |
| Average Home Value | $160,892 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
18
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 N/A
4.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71219, Baskin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 412 (77.4%) |
| Renter Occupied HU | 51 ( 9.6%) |
| Vacant Housing Units | 69 (13.0%) |
| Median Home Value | $108,333 |
| Average Home Value | $160,892 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices