9863 Highway 28 WBoyceLA71409
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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 Boyce at 9863 Highway 28 W, Boyce, LA, 71409 listed at $459,900 pairs $1,440/mo rent with a $2,251/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 8.82% in year one, and rental yield registers 3.76% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 43.41% and total cumulative return in cash totals $66,174. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71409, Boyce, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,891 (100%) |
| Owner Occupied HU | 1,960 (67.8%) |
| Renter Occupied HU | 534 (18.5%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $205,960 |
| Average Home Value | $226,966 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,299
Multi-Family
0
Businesses
110
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Listed by: Cortney Alston • Cypress Realty Of Louisiana
Mls Name: GCLRA
Mls Provider:
Mls ID: #2480159
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.