6923 Monroe HwyBallLA71405
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 6923 Monroe Hwy, Ball, LA, 71405 in Ball fits: $1,599,000, 0.71% gross yield, and a projected 5% annual appreciation rate adding $441,774 in value within five years. Rental yield 0.71%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.13) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $14,727/yr in principal paydown and $441,774 in appreciation project a total return of $29,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0.7% | 7.1% |
| Monthly Cash Flow | $(8,958) | $350 |
City averages based on Ball market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $947 |
| Total Monthly Debt Service | $9,269 |
| DSCR Ratio | 0.10x |
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 2007
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71405, Ball, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,580 (63.2%) |
| Renter Occupied HU | 680 (27.2%) |
| Vacant Housing Units | 239 ( 9.6%) |
| Median Home Value | $210,841 |
| Average Home Value | $237,619 |
Housing Distribution
Address Breakdown
Residential
2,348
Single Family
2,348
Multi-Family
0
Businesses
172
Nearby investment properties with comparable rents
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 2007
5.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71405, Ball, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,499 (100%) |
| Owner Occupied HU | 1,580 (63.2%) |
| Renter Occupied HU | 680 (27.2%) |
| Vacant Housing Units | 239 ( 9.6%) |
| Median Home Value | $210,841 |
| Average Home Value | $237,619 |
Housing Distribution
Address Breakdown
Residential
2,348
Single Family
2,348
Multi-Family
0
Businesses
172
Nearby investment properties with comparable rents
Listed by: Kaitee Basco Aldecoa • BERKSHIRE HATHAWAY HOME SERVICES-ALLY REAL ESTATE
Mls Name: GCLRA
Mls Provider:
Mls ID: #2457050
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.