647 Sims Rd, Oak Grove, LA, 71263 | 5.4% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Oak Grove at 647 Sims Rd, Oak Grove, LA, 71263 priced at $255,000 pairs $1,147/mo rent with after a $1,248/mo payment. Total monthly income equals $1,147/mo. Return on cash invested is 13.77% in year one, and rental yield stands at 5.4% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 69.95% and total cumulative return in cash reaches $59,132. For financing, Ziffy Mortgage’s DSCR program evaluates $1,147/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 2023

7.40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71263, Oak Grove, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,559 (100%)
Owner Occupied HU	2,393 (67.2%)
Renter Occupied HU	703 (19.8%)
Vacant Housing Units	463 (13.0%)
Median Home Value	$115,544
Average Home Value	$142,947