8515 Highway 113Dry CreekLA70637
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 8515 Highway 113, Dry Creek, LA, 70637 in Dry Creek is priced for capital growth, not immediate cash flow. The $355,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $98,080 by year five, with $2,976/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $1,200 |
City averages based on Dry Creek market data in our database. Property projections are estimates.
Manufactured
Built in 2021
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70637, Dry Creek, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 265 (62.9%) |
| Renter Occupied HU | 33 ( 7.8%) |
| Vacant Housing Units | 123 (29.2%) |
| Median Home Value | $142,361 |
| Average Home Value | $192,208 |
Housing Distribution
Address Breakdown
Residential
241
Single Family
241
Multi-Family
0
Businesses
13
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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