821 Parkway DrNatchitochesLA71457
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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 Natchitoches at 821 Parkway Dr, Natchitoches, LA, 71457 offers a 6.44% rental yield on a $189,999 purchase with $1,020/mo rent. 49% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,493 over five years. Portfolio math shows five-year ROI at 79.66% and total cumulative return in cash at $50,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,020/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
2,042 sqft lot
$N/A/sqft
$75 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71457, Natchitoches, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,064 (100%) |
| Owner Occupied HU | 6,028 (46.1%) |
| Renter Occupied HU | 4,955 (37.9%) |
| Vacant Housing Units | 2,081 (15.9%) |
| Median Home Value | $202,969 |
| Average Home Value | $239,760 |
Housing Distribution
Address Breakdown
Residential
11,840
Single Family
10,749
Multi-Family
1,091
Businesses
1,196
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Listed by: John Bernard • Bernard Realty
Mls Name: GCLRA
Mls Provider:
Mls ID: #2491349
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.