621 Alex WayHaughtonLA71037
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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 Haughton at 621 Alex Way, Haughton, LA, 71037 uses $76,278 cash to close to unlock $3,766/yr annual cash flow and $314/mo monthly cash flow. Total monthly income runs $1,739/mo, and a $1,126/mo payment keeps the spread at $314/mo. Purchase price stands at $230,100, and rental yield measures 9.07% with $1,739/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $63,572 over five years. Five-year ROI reaches 129.33% and total cumulative return in cash records $98,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,739/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 2009
8,712 sqft 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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