643 Patterson RdChoudrantLA71227
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 643 Patterson Rd, Choudrant, LA, 71227 in Choudrant. Rental yield 6%. The 1.11 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $165,700 and $5,524/yr in principal reduction project total return of $181,307.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.0% |
| Monthly Cash Flow | $(718) | $650 |
City averages based on Choudrant market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,998 |
| Total Monthly Debt Service | $3,477 |
| DSCR Ratio | 0.86x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71227, Choudrant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,460 (74.6%) |
| Renter Occupied HU | 313 (16.0%) |
| Vacant Housing Units | 183 ( 9.4%) |
| Median Home Value | $273,270 |
| Average Home Value | $302,488 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
82
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
Single Family
Built in 2010
5.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71227, Choudrant, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,956 (100%) |
| Owner Occupied HU | 1,460 (74.6%) |
| Renter Occupied HU | 313 (16.0%) |
| Vacant Housing Units | 183 ( 9.4%) |
| Median Home Value | $273,270 |
| Average Home Value | $302,488 |
Housing Distribution
Address Breakdown
Residential
1,860
Single Family
1,860
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices