742 Joe Lorenz RdSingerLA70660
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 742 Joe Lorenz Rd, Singer, LA, 70660 in Singer at $599,900. Rental yield 6.48%. The 6.48% yield and 1.20 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $165,741 by year five, and $5,525/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $196,920.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 7.0% |
| Monthly Cash Flow | $(475) | $350 |
City averages based on Singer market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,241 |
| Total Monthly Debt Service | $3,477 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2017
11.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70660, Singer, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 586 (76.0%) |
| Renter Occupied HU | 90 (11.7%) |
| Vacant Housing Units | 95 (12.3%) |
| Median Home Value | $319,027 |
| Average Home Value | $283,294 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
23
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 2017
11.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70660, Singer, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 586 (76.0%) |
| Renter Occupied HU | 90 (11.7%) |
| Vacant Housing Units | 95 (12.3%) |
| Median Home Value | $319,027 |
| Average Home Value | $283,294 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices