7706 Highway 308, Lockport, LA, 70374 | $202/mo Cash Flow

For Sale

Airbnb Potential

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lockport at 7706 Highway 308, Lockport, LA, 70374 earns $202/mo cash flow from $1,100/mo rent with a $710/mo payment. Total monthly income totals $1,100/mo, and annual cash flow totals $2,418/yr on $48,068 capital. ROI tracks 24.94% on current figures, and rental yield reads 9.1% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 129.88% and total cumulative return in cash sums $62,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,100/mo property income instead of your personal income.

Single Family

Built in 1969

0.26 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70374, Lockport, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,982 (100%)
Owner Occupied HU	2,037 (68.3%)
Renter Occupied HU	629 (21.1%)
Vacant Housing Units	316 (10.6%)
Median Home Value	$202,352
Average Home Value	$239,572