811 2nd StNorcoLA70079
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 811 2nd St, Norco, LA, 70079 in Norco. At $175,000 it earns $1,314/mo in rent and distributes $230/mo to the owner after the $787/mo payment, a consistent 9.01% yield. DSCR 1.67 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $48,349 in value; $1,612/yr in principal paydown compounds ownership stake. Total projected return: $81,189.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $230 | $400 |
City averages based on Norco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,314 |
| Total Monthly Debt Service | $1,014 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1965
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70079, Norco, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 963 (73.8%) |
| Renter Occupied HU | 223 (17.1%) |
| Vacant Housing Units | 118 ( 9.0%) |
| Median Home Value | $241,700 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,219
Multi-Family
12
Businesses
115
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 1965
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70079, Norco, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,304 (100%) |
| Owner Occupied HU | 963 (73.8%) |
| Renter Occupied HU | 223 (17.1%) |
| Vacant Housing Units | 118 ( 9.0%) |
| Median Home Value | $241,700 |
| Average Home Value | $272,879 |
Housing Distribution
Address Breakdown
Residential
1,231
Single Family
1,219
Multi-Family
12
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices