6391 Paulette Pipes RdCollinstonLA71229
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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 Collinston at 6391 Paulette Pipes Rd, Collinston, LA, 71229 earns $234/mo cash flow from $1,163/mo rent with a $734/mo payment. Total monthly income totals $1,163/mo, and annual cash flow totals $2,808/yr on $49,725 capital. ROI tracks 25.56% on current figures, and rental yield reads 9.3% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 133.13% and total cumulative return in cash sums $66,198. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,163/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71229, Collinston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 561 (100%) |
| Owner Occupied HU | 396 (70.6%) |
| Renter Occupied HU | 103 (18.4%) |
| Vacant Housing Units | 62 (11.1%) |
| Median Home Value | $126,923 |
| Average Home Value | $146,439 |
Housing Distribution
Address Breakdown
Residential
636
Single Family
582
Multi-Family
54
Businesses
17
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Listed by: Edna Mathews • Rhodes Realty, Llc
Mls Name: NELAR
Mls ID: #217157