929 Musselwhite RdOberlinLA70655
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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 Oberlin at 929 Musselwhite Rd, Oberlin, LA, 70655 listed at $314,000 pairs $1,799/mo rent with a $1,537/mo payment. Total monthly income runs $1,799/mo. Return on cash invested measures 18.22% in year one, and rental yield registers 6.88% at a $314,000 basis. Equity gained on principal adds $2,026/yr, and annual property appreciation at 5% supports $86,752 by year five. Five-year ROI tracks 93.81% and total cumulative return in cash totals $97,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,799/mo property income relative to a $1,537/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2018
10.70 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 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
74
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