609 W McKinley AveHaughtonLA71037
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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
Total monthly income runs $1,625/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 6.52% with $1,625/mo rent. Return on cash invested shows 17.16% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 88.17% and total cumulative return in cash records $87,394. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,625/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1960
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71037, Haughton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,343 (100%) |
| Owner Occupied HU | 7,046 (75.4%) |
| Renter Occupied HU | 1,491 (16.0%) |
| Vacant Housing Units | 806 ( 8.6%) |
| Median Home Value | $234,885 |
| Average Home Value | $256,469 |
Housing Distribution
Address Breakdown
Residential
8,803
Single Family
8,775
Multi-Family
28
Businesses
306
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Listed by: Charles Horne • RE/MAX Executive Realty
Mls Name: NTREIS
Mls ID: #20793703
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.