959 Highway 764LogansportLA71049
INVESTMENT ANALYSIS
Investment Verdict
Solid Income959 Highway 764, Logansport, LA, 71049 in Logansport is a solid income-producing rental, 9.9% gross yield, $2,054/mo rent, $512/mo net cash flow on a $249,000 buy. DSCR 1.83 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $68,794 and $2,293/yr in principal reduction project a total cumulative return of $127,353.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 8.0% |
| Monthly Cash Flow | $512 | $400 |
City averages based on Logansport market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,054 |
| Total Monthly Debt Service | $1,443 |
| DSCR Ratio | 1.42x |
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 1985
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71049, Logansport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 1,025 (61.0%) |
| Renter Occupied HU | 347 (20.7%) |
| Vacant Housing Units | 307 (18.3%) |
| Median Home Value | $155,429 |
| Average Home Value | $204,927 |
Housing Distribution
Address Breakdown
Residential
1,190
Single Family
1,190
Multi-Family
0
Businesses
97
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 1985
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71049, Logansport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 1,025 (61.0%) |
| Renter Occupied HU | 347 (20.7%) |
| Vacant Housing Units | 307 (18.3%) |
| Median Home Value | $155,429 |
| Average Home Value | $204,927 |
Housing Distribution
Address Breakdown
Residential
1,190
Single Family
1,190
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ross Barclay • Osborn Hays Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20876935
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.