771 9th StVille PlatteLA70586
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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
Total monthly income runs $1,056/mo, and a $2,927/mo payment. Purchase price stands at $598,000, and rental yield measures 2.12% with $1,056/mo rent. Return on cash invested shows 3.91% in year one, and 5% annual appreciation builds toward $165,216 over five years. Five-year ROI reaches 17.01% and total cumulative return in cash records $33,464. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,056/mo property income covering a $2,927/mo payment rather than investor’s personal income.
Single Family
Built in 2009
19.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70586, Ville Platte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,614 (100%) |
| Owner Occupied HU | 5,749 (59.8%) |
| Renter Occupied HU | 2,652 (27.6%) |
| Vacant Housing Units | 1,213 (12.6%) |
| Median Home Value | $154,012 |
| Average Home Value | $178,620 |
Housing Distribution
Address Breakdown
Residential
8,427
Single Family
8,052
Multi-Family
375
Businesses
659
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Listed by: PAUL SCHEXNAYDER • PREMIER REALTY OF ACADIANA
Mls Name: GCLRA
Mls ID: #2527189