9037 Crawford RdOil CityLA71061
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 9037 Crawford Rd, Oil City, LA, 71061 in Oil City is a conservative rental investment at $449,900. Rental yield 6.94%. A 1.29 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $124,299; $4,144/yr in principal paydown supplements. Total projected return: $158,751.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(185) | $1,500 |
City averages based on Oil City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,602 |
| Total Monthly Debt Service | $2,608 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2014
14.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71061, Oil City, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 410 (54.9%) |
| Renter Occupied HU | 188 (25.2%) |
| Vacant Housing Units | 149 (19.9%) |
| Median Home Value | $213,235 |
| Average Home Value | $230,390 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
508
Multi-Family
64
Businesses
91
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 2014
14.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71061, Oil City, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 747 (100%) |
| Owner Occupied HU | 410 (54.9%) |
| Renter Occupied HU | 188 (25.2%) |
| Vacant Housing Units | 149 (19.9%) |
| Median Home Value | $213,235 |
| Average Home Value | $230,390 |
Housing Distribution
Address Breakdown
Residential
572
Single Family
508
Multi-Family
64
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Krystal Womack • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #20829007
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.