870 Lake Irwin RdOak RidgeLA71264
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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 Oak Ridge at 870 Lake Irwin Rd, Oak Ridge, LA, 71264 at $600,000 posts ROI 27.59% with $1,239/mo cash flow from $4,956/mo rent. Total monthly income equals $4,956/mo, and annual cash flow records $14,868/yr on $197,400 to close. Return on cash invested measures 27.59% and rental yield reads 9.91% at the current $600,000. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 by year five. Five-year ROI prints 144.01% and total cumulative return in cash totals $284,268.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,956/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71264, Oak Ridge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 360 (68.3%) |
| Renter Occupied HU | 79 (15.0%) |
| Vacant Housing Units | 88 (16.7%) |
| Median Home Value | $213,235 |
| Average Home Value | $244,840 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
17
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