978 Monroe Baggett RdSugartownLA70662
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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
Rental property for sale in Sugartown at 978 Monroe Baggett Rd, Sugartown, LA, 70662 priced at $230,000 pairs $866/mo rent with after a $1,126/mo payment. Total monthly income equals $866/mo. Return on cash invested is 11.11% in year one, and rental yield stands at 4.52% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 55.66% and total cumulative return in cash reaches $42,439. For financing, Ziffy Mortgage’s DSCR program evaluates $866/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70662, Sugartown, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 211 (100%) |
| Owner Occupied HU | 153 (72.5%) |
| Renter Occupied HU | 19 ( 9.0%) |
| Vacant Housing Units | 39 (18.5%) |
| Median Home Value | $167,188 |
| Average Home Value | $185,735 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
5
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