7374 Highway 371CoushattaLA71019
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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 Coushatta at 7374 Highway 371, Coushatta, LA, 71019 uses $96,135 cash to close to unlock $7,692/yr annual cash flow and $641/mo monthly cash flow. Total monthly income runs $2,437/mo, and a $1,419/mo payment keeps the spread at $641/mo. Purchase price stands at $290,000, and rental yield measures 10.08% with $2,437/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 145.75% and total cumulative return in cash records $140,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,437/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1998
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71019, Coushatta, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,454 (100%) |
| Owner Occupied HU | 2,156 (62.4%) |
| Renter Occupied HU | 770 (22.3%) |
| Vacant Housing Units | 528 (15.3%) |
| Median Home Value | $117,182 |
| Average Home Value | $162,006 |
Housing Distribution
Address Breakdown
Residential
3,047
Single Family
3,015
Multi-Family
32
Businesses
309
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Listed by: Maddie Boggs • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20676683
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.