711 E 6th AveOberlinLA70655
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
Investment Highlights
Investment property for sale in Oberlin at 711 E 6th Ave, Oberlin, LA, 70655 at $175,000 posts ROI 20.95% with $51/mo cash flow from $1,135/mo rent. Total monthly income equals $1,135/mo, and annual cash flow records $606/yr on $58,013 to close. Return on cash invested measures 20.95% and rental yield reads 7.78% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 108.49% and total cumulative return in cash totals $62,935.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,135/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70655, Oberlin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,298 (100%) |
| Owner Occupied HU | 789 (60.8%) |
| Renter Occupied HU | 256 (19.7%) |
| Vacant Housing Units | 253 (19.5%) |
| Median Home Value | $99,468 |
| Average Home Value | $144,335 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices