9 Hill DrForest HillLA71430
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
Investment property for sale in Forest Hill at 9 Hill Dr, Forest Hill, LA, 71430 at $354,000 posts ROI 21.86% with $191/mo cash flow from $2,384/mo rent. Total monthly income equals $2,384/mo, and annual cash flow records $2,290/yr on $117,351 to close. Return on cash invested measures 21.86% and rental yield reads 8.08% at the current $354,000. Equity gained on principal adds $2,284/yr, and 5% annual appreciation supports $97,804 by year five. Five-year ROI prints 113.31% and total cumulative return in cash totals $132,970.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,384/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71430, Forest Hill, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,161 (100%) |
| Owner Occupied HU | 779 (67.1%) |
| Renter Occupied HU | 167 (14.4%) |
| Vacant Housing Units | 215 (18.5%) |
| Median Home Value | $228,858 |
| Average Home Value | $218,569 |
Housing Distribution
Address Breakdown
Residential
818
Single Family
818
Multi-Family
0
Businesses
72
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Nearby investment properties with comparable prices
Listed by: Wendi Ford • Bonnette Auction Company
Mls Name: GCLRA
Mls ID: #2528911