8315 Jolee DrDenham SpringsLA70706
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 8315 Jolee Dr, Denham Springs, LA, 70706 in Denham Springs at $769,000, 2.44% gross yield, is a market-growth asset. Rental yield 2.44%. The $1,566/mo rent partially funds the $3,458/mo debt service; the core return is the 5%/yr price growth projected to add $212,461 over five years. Ziffy Mortgage's DSCR mortgage (0.45) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $84,376.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.4% | 9.2% |
| Monthly Cash Flow | $(3,223) | $1,440 |
City averages based on Denham Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,566 |
| Total Monthly Debt Service | $4,483 |
| DSCR Ratio | 0.35x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1998
1 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
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 1998
1 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A