606 Leo DrPattersonLA70392
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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 Patterson at 606 Leo Dr, Patterson, LA, 70392 earns $231/mo cash flow from $1,297/mo rent with a $842/mo payment. Total monthly income totals $1,297/mo, and annual cash flow totals $2,777/yr on $57,018 capital. ROI tracks 24.78% on current figures, and rental yield reads 9.05% at a $172,000 purchase. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 over five years. Five-year ROI reaches 128.99% and total cumulative return in cash sums $73,549. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,297/mo property income instead of your personal income.
Single Family
Built in 2008
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70392, Patterson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,602 (100%) |
| Owner Occupied HU | 2,219 (61.6%) |
| Renter Occupied HU | 958 (26.6%) |
| Vacant Housing Units | 425 (11.8%) |
| Median Home Value | $155,885 |
| Average Home Value | $217,986 |
Housing Distribution
Address Breakdown
Residential
2,577
Single Family
2,569
Multi-Family
8
Businesses
202
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