714 Parkway DrNatchitochesLA71457
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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 Natchitoches at 714 Parkway Dr, Natchitoches, LA, 71457 with 5% annual appreciation on a $279,000 basis while $1,853/mo rent supports operations. Total monthly income totals $1,853/mo and a $1,366/mo payment preserves $124/mo for cash returns. Annual cash flow comes to $1,492/yr on $92,489 deployed, and return on cash invested reaches 21.52% in year one. Equity gained on principal adds $1,800/yr, and five-year appreciation sums $77,083 alongside rental yield of 7.97%. Five-year ROI measures 111.52% and total cumulative return in cash totals $103,147.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,853/mo property income versus a $1,366/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
9,722 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71457, Natchitoches, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,064 (100%) |
| Owner Occupied HU | 6,028 (46.1%) |
| Renter Occupied HU | 4,955 (37.9%) |
| Vacant Housing Units | 2,081 (15.9%) |
| Median Home Value | $202,969 |
| Average Home Value | $239,760 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
10,749
Multi-Family
1,091
Businesses
1,196
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Listed by: CHAD DERANGER • Better Homes & Gardens Real Estate Rhodes Realty
Mls Name: GCLRA
Mls ID: #2534457