707 Highway 167 NBerniceLA71222
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 707 Highway 167 N, Bernice, LA, 71222 in Bernice earns a 9.25% gross yield at $185,000. Rent of $1,426/mo nets $280/mo after the $832/mo mortgage. The 1.71 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $51,112 and $1,704/yr in equity accumulation project a total cumulative return of $88,193.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $280 | $300 |
City averages based on Bernice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,426 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.33x |
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 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71222, Bernice, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 916 (59.6%) |
| Renter Occupied HU | 320 (20.8%) |
| Vacant Housing Units | 302 (19.6%) |
| Median Home Value | $93,889 |
| Average Home Value | $138,169 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
57
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 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71222, Bernice, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 916 (59.6%) |
| Renter Occupied HU | 320 (20.8%) |
| Vacant Housing Units | 302 (19.6%) |
| Median Home Value | $93,889 |
| Average Home Value | $138,169 |
Housing Distribution
Address Breakdown
Residential
1,294
Single Family
1,294
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices