6169 Memorial Park RdBastropLA71220
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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 Bastrop at 6169 Memorial Park Rd, Bastrop, LA, 71220 listed at $115,000 pairs $809/mo rent with a $563/mo payment to leave $97/mo cash flow. Total monthly income runs $809/mo, and annual cash flow reaches $1,158/yr on $38,123 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 8.44% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 119.2% and total cumulative return in cash totals $45,441. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $809/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71220, Bastrop, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,728 (100%) |
| Owner Occupied HU | 5,466 (56.2%) |
| Renter Occupied HU | 2,971 (30.5%) |
| Vacant Housing Units | 1,291 (13.3%) |
| Median Home Value | $118,108 |
| Average Home Value | $154,806 |
Housing Distribution
Address Breakdown
Residential
9,554
Single Family
9,346
Multi-Family
208
Businesses
686
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