819 Mockingbird LnPlain DealingLA71064
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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 Plain Dealing at 819 Mockingbird Ln, Plain Dealing, LA, 71064 offers a 9.25% rental yield on a $229,900 purchase with $1,772/mo rent. Total monthly income registers $1,772/mo, and a $1,125/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,178/yr on $76,212 to close, and return on cash invested stands at 25.39% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 132.29% and total cumulative return in cash at $100,823. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,772/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71064, Plain Dealing, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,195 (63.1%) |
| Renter Occupied HU | 290 (15.3%) |
| Vacant Housing Units | 408 (21.6%) |
| Median Home Value | $141,477 |
| Average Home Value | $226,900 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,228
Multi-Family
32
Businesses
81
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Listed by: Shannon Wright • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #21109966