919 W 7th Ave, Oberlin, LA, 70655 | 6.69% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Oberlin at 919 W 7th Ave, Oberlin, LA, 70655 generates $1,003/mo in rent, after a $881/mo payment. Total monthly income is $1,003/mo. Return on cash invested sits at 17.66% in year one, and rental yield is 6.69% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 90.75% and total cumulative return in cash sums $54,149. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,003/mo property income rather than buyer’s personal income.

Multi Family

Built in 2002

1.21 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70655, Oberlin, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,298 (100%)
Owner Occupied HU	789 (60.8%)
Renter Occupied HU	256 (19.7%)
Vacant Housing Units	253 (19.5%)
Median Home Value	$99,468
Average Home Value	$144,335