612 Ash StIowaLA70647
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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 Iowa at 612 Ash St, Iowa, LA, 70647 uses $105,997 cash to close to unlock $6,556/yr annual cash flow and $546/mo monthly cash flow. Total monthly income runs $2,527/mo, and a $1,565/mo payment keeps the spread at $546/mo. Purchase price stands at $319,750, and rental yield measures 9.48% with $2,527/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $88,341 over five years. Five-year ROI reaches 136.04% and total cumulative return in cash records $144,201. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,527/mo property income covering a $1,565/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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