639 Highway 1204BallLA71405
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ball at 639 Highway 1204, Ball, LA, 71405 uses $66,134 cash to close to unlock $4,460/yr annual cash flow and $372/mo monthly cash flow. Total monthly income runs $1,607/mo, and a $976/mo payment keeps the spread at $372/mo. Purchase price stands at $199,500, and rental yield measures 9.67% with $1,607/mo rent. Return on cash invested shows 26.65% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 139.02% and total cumulative return in cash records $91,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,607/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 2014
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71405, Ball, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,580 (63.2%) |
| Renter Occupied HU | 680 (27.2%) |
| Vacant Housing Units | 239 ( 9.6%) |
| Median Home Value | $210,841 |
| Average Home Value | $237,619 |
Housing Distribution
Address Breakdown
Residential
2,348
Single Family
2,348
Multi-Family
0
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices