607 Marietta St, Oak Grove, LA, 71263 | $47/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Oak Grove at 607 Marietta St, Oak Grove, LA, 71263 offers $1,688/mo rent that, after a $1,297/mo payment, leaves $47/mo cash flow. Total monthly income is $1,688/mo, and annual cash flow is $558/yr on $87,848 cash. Return on cash invested measures 20.54% in year one, and rental yield stands at 7.64% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 106.28% and total cumulative return in cash reaches $93,363. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,688/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71263, Oak Grove, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,559 (100%)
Owner Occupied HU	2,393 (67.2%)
Renter Occupied HU	703 (19.8%)
Vacant Housing Units	463 (13.0%)
Median Home Value	$115,544
Average Home Value	$142,947