62057 1054th Hwy, Amite, LA, 70422 | 1.61% Rental Yield

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

Investment property for sale in Amite at 62057 1054th Hwy, Amite, LA, 70422 earns from $570/mo rent with a $2,080/mo payment. Total monthly income totals $570/mo. ROI tracks 2.34% on current figures, and rental yield reads 1.61% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 8.64% and total cumulative return in cash sums $12,165. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $570/mo property income instead of your personal income.

Single Family

Built in 1995

5.80 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70422, Amite, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,882 (100%)
Owner Occupied HU	3,812 (64.8%)
Renter Occupied HU	1,264 (21.5%)
Vacant Housing Units	806 (13.7%)
Median Home Value	$193,750
Average Home Value	$232,914