6547 Longville RdDry CreekLA70637
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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
Rental property for sale in Dry Creek at 6547 Longville Rd, Dry Creek, LA, 70637 generates $2,578/mo in rent, after a $8,316/mo payment. Total monthly income is $2,578/mo. Return on cash invested sits at 3.05% in year one, and rental yield is 1.82% on a $1,699,000 entry. Equity gained on principal adds $10,963/yr, while 5% annual appreciation builds toward $469,402 over five years. Five-year ROI reaches 12.33% and total cumulative return in cash sums $67,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,578/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
178 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70637, Dry Creek, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 265 (62.9%) |
| Renter Occupied HU | 33 ( 7.8%) |
| Vacant Housing Units | 123 (29.2%) |
| Median Home Value | $142,361 |
| Average Home Value | $192,208 |
Housing Distribution
Address Breakdown
Residential
241
Single Family
241
Multi-Family
0
Businesses
13
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