570 Smart StGeorgetownLA71432
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
Rental property for sale in Georgetown at 570 Smart St, Georgetown, LA, 71432 offers $1,060/mo rent that, after a $548/mo payment, leaves $366/mo cash flow. Total monthly income is $1,060/mo, and annual cash flow is $4,397/yr on $37,128 cash. Return on cash invested measures 31.75% in year one, and rental yield stands at 11.36% at a $112,000 entry. Equity gained on principal adds $723/yr while 5% annual appreciation compounds into $30,944 by year five. Five-year ROI records 166.4% and total cumulative return in cash reaches $61,779. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,060/mo property income versus a $548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71432, Georgetown, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 492 (100%) |
| Owner Occupied HU | 329 (66.9%) |
| Renter Occupied HU | 86 (17.5%) |
| Vacant Housing Units | 77 (15.7%) |
| Median Home Value | $122,348 |
| Average Home Value | $142,295 |
Housing Distribution
Address Breakdown
Residential
400
Single Family
400
Multi-Family
0
Businesses
24
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Nearby investment properties with comparable prices
Listed by: Carol Cooper • CenLa Premier Real Estate/Lori Dugas
Mls Name: My State MLS
Mls ID: #11351275