568 Hog Island RdDry ProngLA71423
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
Investment Highlights
Investment property for sale in Dry Prong at 568 Hog Island Rd, Dry Prong, LA, 71423 with 5% annual appreciation on a $235,000 basis while $1,268/mo rent supports operations. 02% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 6.47%. Five-year ROI measures 87.38% and total cumulative return in cash totals $68,068. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,268/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71423, Dry Prong, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,518 (100%) |
| Owner Occupied HU | 1,909 (75.8%) |
| Renter Occupied HU | 327 (13.0%) |
| Vacant Housing Units | 282 (11.2%) |
| Median Home Value | $191,465 |
| Average Home Value | $223,387 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
2,119
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jack Ussery • BERKSHIRE HATHAWAY HOME SERVICES-ALLY REAL ESTATE
Mls Name: GCLRA
Mls Provider:
Mls ID: #2460673
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.