6552 Highway 29CottonportLA71327
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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 Cottonport at 6552 Highway 29, Cottonport, LA, 71327 uses $50,819 cash to close to unlock $1,293/yr annual cash flow and $108/mo monthly cash flow. Total monthly income runs $1,057/mo, and a $750/mo payment keeps the spread at $108/mo. Purchase price stands at $153,300, and rental yield measures 8.27% with $1,057/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $42,354 over five years. Five-year ROI reaches 116.5% and total cumulative return in cash records $59,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,057/mo property income covering a $750/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71327, Cottonport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,758 (100%) |
| Owner Occupied HU | 1,028 (58.5%) |
| Renter Occupied HU | 505 (28.7%) |
| Vacant Housing Units | 225 (12.8%) |
| Median Home Value | $136,000 |
| Average Home Value | $181,987 |
Housing Distribution
Address Breakdown
Residential
1,179
Single Family
1,179
Multi-Family
0
Businesses
81
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Listed by: N/A • N/A
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