8429 Edgewood DrHaughtonLA71037
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 8429 Edgewood Dr, Haughton, LA, 71037 in Haughton deserves attention. This $221,500 property earns $2,050/mo in rent, a 11.1% gross yield, and nets $678/mo after the $996/mo payment. DSCR 2.06 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $61,196 compounds alongside $2,040/yr in yearly equity build, for a total cumulative return of $127,671.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 6.3% |
| Monthly Cash Flow | $678 | $850 |
City averages based on Haughton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,050 |
| Total Monthly Debt Service | $1,284 |
| DSCR Ratio | 1.60x |
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 1983
0.02 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71037, Haughton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,343 (100%) |
| Owner Occupied HU | 7,046 (75.4%) |
| Renter Occupied HU | 1,491 (16.0%) |
| Vacant Housing Units | 806 ( 8.6%) |
| Median Home Value | $234,885 |
| Average Home Value | $256,469 |
Housing Distribution
Address Breakdown
Residential
8,803
Single Family
8,775
Multi-Family
28
Businesses
306
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 1983
0.02 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71037, Haughton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,343 (100%) |
| Owner Occupied HU | 7,046 (75.4%) |
| Renter Occupied HU | 1,491 (16.0%) |
| Vacant Housing Units | 806 ( 8.6%) |
| Median Home Value | $234,885 |
| Average Home Value | $256,469 |
Housing Distribution
Address Breakdown
Residential
8,803
Single Family
8,775
Multi-Family
28
Businesses
306
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices