945 Myrtle StDequincyLA70633
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 945 Myrtle St, Dequincy, LA, 70633 in Dequincy worth modelling. At $100,000 with a 9.04% gross yield, the $753/mo rent leaves $134/mo after the $450/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.67 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $27,628 by year five; $921/yr in principal reduction adds further equity. Total projected return: $46,493.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 8.0% |
| Monthly Cash Flow | $134 | $850 |
City averages based on Dequincy market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $753 |
| Total Monthly Debt Service | $580 |
| DSCR Ratio | 1.30x |
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 1969
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70633, Dequincy, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,666 (100%) |
| Owner Occupied HU | 2,535 (69.1%) |
| Renter Occupied HU | 650 (17.7%) |
| Vacant Housing Units | 481 (13.1%) |
| Median Home Value | $232,621 |
| Average Home Value | $270,845 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,320
Multi-Family
0
Businesses
240
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 1969
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70633, Dequincy, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,666 (100%) |
| Owner Occupied HU | 2,535 (69.1%) |
| Renter Occupied HU | 650 (17.7%) |
| Vacant Housing Units | 481 (13.1%) |
| Median Home Value | $232,621 |
| Average Home Value | $270,845 |
Housing Distribution
Address Breakdown
Residential
3,320
Single Family
3,320
Multi-Family
0
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices