5620 Highway 121BoyceLA71409
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 5620 Highway 121, Boyce, LA, 71409 in Boyce at $262,000 earns $1,800/mo in rent and nets $177/mo after the $1,178/mo payment, a 8.24% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $72,386 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $2,413/yr in principal paydown, total projected return reaches $110,790.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 7.0% |
| Monthly Cash Flow | $177 | $350 |
City averages based on Boyce market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,519 |
| DSCR Ratio | 1.19x |
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 2014
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71409, Boyce, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 1,960 (67.8%) |
| Renter Occupied HU | 534 (18.5%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $205,960 |
| Average Home Value | $226,966 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,299
Multi-Family
0
Businesses
110
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 2014
3.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71409, Boyce, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 1,960 (67.8%) |
| Renter Occupied HU | 534 (18.5%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $205,960 |
| Average Home Value | $226,966 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,299
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices