Fletcher V G Plan, Dogwood TraceWalkerLA70785
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
Investment Highlights
Rental property for sale in Walker at Fletcher V G Plan, Dogwood Trace, Walker, LA, 70785 priced at $239,990 converts $1,604/mo rent into $117/mo cash flow after a $1,175/mo obligation. Total monthly income equals $1,604/mo, and annual cash flow totals $1,404/yr on $79,557 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 8.02% against a $239,990 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation compiles into $66,305 by year five. Five-year ROI reaches 112.37% and total cumulative return in cash sums $89,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,604/mo property income covering a $1,175/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70785, Walker, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,687 (100%) |
| Owner Occupied HU | 7,148 (73.8%) |
| Renter Occupied HU | 1,802 (18.6%) |
| Vacant Housing Units | 737 ( 7.6%) |
| Median Home Value | $255,631 |
| Average Home Value | $286,492 |
Housing Distribution
Address Breakdown
Residential
9,239
Single Family
8,993
Multi-Family
246
Businesses
508
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