6317 Mary StGibsonLA70356
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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 Gibson at 6317 Mary St, Gibson, LA, 70356 uses $37,957 cash to close to unlock $1,679/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $864/mo, and a $560/mo payment keeps the spread at $140/mo. Purchase price stands at $114,500, and rental yield measures 9.06% with $864/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $31,634 over five years. Five-year ROI reaches 126.73% and total cumulative return in cash records $48,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $864/mo property income covering a $560/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70356, Gibson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,112 (100%) |
| Owner Occupied HU | 746 (67.1%) |
| Renter Occupied HU | 160 (14.4%) |
| Vacant Housing Units | 206 (18.5%) |
| Median Home Value | $224,405 |
| Average Home Value | $291,126 |
Housing Distribution
Address Breakdown
Residential
940
Single Family
940
Multi-Family
0
Businesses
40
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