650 Booner Miller RdDevilleLA71328
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 650 Booner Miller Rd, Deville, LA, 71328 in Deville is a conservative rental investment at $289,900. Rental yield 7.41%. A 1.37 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $80,094; $2,670/yr in principal paydown supplements. Total projected return: $109,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 8.1% |
| Monthly Cash Flow | $(5) | $450 |
City averages based on Deville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,790 |
| Total Monthly Debt Service | $1,680 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2011
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71328, Deville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,655 (100%) |
| Owner Occupied HU | 2,764 (75.6%) |
| Renter Occupied HU | 481 (13.2%) |
| Vacant Housing Units | 410 (11.2%) |
| Median Home Value | $219,033 |
| Average Home Value | $229,980 |
Housing Distribution
Address Breakdown
Residential
3,196
Single Family
3,175
Multi-Family
21
Businesses
55
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 2011
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71328, Deville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,655 (100%) |
| Owner Occupied HU | 2,764 (75.6%) |
| Renter Occupied HU | 481 (13.2%) |
| Vacant Housing Units | 410 (11.2%) |
| Median Home Value | $219,033 |
| Average Home Value | $229,980 |
Housing Distribution
Address Breakdown
Residential
3,196
Single Family
3,175
Multi-Family
21
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices