900 Doc Prejean StScottLA70583
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 900 Doc Prejean St, Scott, LA, 70583 in Scott. At $122,000 it earns $959/mo in rent and distributes $203/mo to the owner after the $549/mo payment, a consistent 9.43% yield. DSCR 1.75 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $33,706 in value; $1,124/yr in principal paydown compounds ownership stake. Total projected return: $59,346.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $203 | $450 |
City averages based on Scott market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $959 |
| Total Monthly Debt Service | $707 |
| DSCR Ratio | 1.36x |
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 1944
4,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
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 1944
4,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anna Ward • Reliance Real Estate Group
Mls Name: RAA
Mls Provider:
Mls ID: #24009658
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST