711 Kirkland StRustonLA71270
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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 Ruston at 711 Kirkland St, Ruston, LA, 71270 priced at $145,000 converts $1,423/mo rent into $525/mo cash flow after a $710/mo obligation. Total monthly income equals $1,423/mo, and annual cash flow totals $6,294/yr on $48,068 invested. Return on cash invested prints 33% in year one, and rental yield reads 11.78% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 173.12% and total cumulative return in cash sums $83,216. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,423/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71270, Ruston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,256 (100%) |
| Owner Occupied HU | 6,684 (43.8%) |
| Renter Occupied HU | 6,746 (44.2%) |
| Vacant Housing Units | 1,826 (12.0%) |
| Median Home Value | $233,923 |
| Average Home Value | $263,023 |
Housing Distribution
Address Breakdown
Residential
14,891
Single Family
13,882
Multi-Family
1,009
Businesses
1,277
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