533 Mullican RdBaskinLA71219
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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
Investment property for sale in Baskin at 533 Mullican Rd, Baskin, LA, 71219 listed at $150,000 pairs $1,178/mo rent with a $734/mo payment to leave $249/mo cash flow. Total monthly income runs $1,178/mo, and annual cash flow reaches $2,988/yr on $49,725 cash to close. Return on cash invested measures 25.92% in year one, and rental yield registers 9.42% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 135.06% and total cumulative return in cash totals $67,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,178/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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