826 Avenue EBogalusaLA70427
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
Investment Highlights
Rental property for sale in Bogalusa at 826 Avenue E, Bogalusa, LA, 70427 priced at $185,000 pairs $1,530/mo rent with $385/mo cash flow after a $905/mo payment. Total monthly income equals $1,530/mo, and annual cash flow comes to $4,614/yr on $61,328 invested. Return on cash invested is 27.43% in year one, and rental yield stands at 9.92% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 143.24% and total cumulative return in cash reaches $87,843. For financing, Ziffy Mortgage’s DSCR program evaluates $1,530/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70427, Bogalusa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,249 (100%) |
| Owner Occupied HU | 4,865 (52.6%) |
| Renter Occupied HU | 2,563 (27.7%) |
| Vacant Housing Units | 1,821 (19.7%) |
| Median Home Value | $129,834 |
| Average Home Value | $164,962 |
Housing Distribution
Address Breakdown
Residential
8,408
Single Family
8,323
Multi-Family
85
Businesses
695
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices