747 Rodeo RdColumbiaLA71418
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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 Columbia at 747 Rodeo Rd, Columbia, LA, 71418 offers a 9.41% rental yield on a $118,500 purchase with $929/mo rent. Total monthly income registers $929/mo, and a $580/mo payment leaves $169/mo available for distribution. Annual cash flow reaches $2,023/yr on $39,283 to close, and return on cash invested stands at 25.06% in year one. Equity gained on principal adds $765/yr while 5% annual appreciation supports $32,739 over five years. Portfolio math shows five-year ROI at 130.82% and total cumulative return in cash at $51,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $929/mo property income against a $580/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71418, Columbia, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,172 (100%) |
| Owner Occupied HU | 1,876 (59.1%) |
| Renter Occupied HU | 623 (19.6%) |
| Vacant Housing Units | 673 (21.2%) |
| Median Home Value | $130,282 |
| Average Home Value | $182,193 |
Housing Distribution
Address Breakdown
Residential
2,345
Single Family
2,243
Multi-Family
102
Businesses
231
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