Highway 582 E, Oak Grove, LA, 71263 | Equity Gain $7,611/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Oak Grove at Highway 582 E, Oak Grove, LA, 71263 priced at $1,179,500 converts $0/mo rent into after a $5,773/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.57% in year one, and rental yield reads 0% against a $1,179,500 entry. Equity gained on principal adds $7,611/yr, while 5% annual appreciation compiles into $325,874 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $5,773/mo payment, not borrower’s personal income.

Single Family

Built in N/A

337 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71263, Oak Grove, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,559 (100%)
Owner Occupied HU	2,393 (67.2%)
Renter Occupied HU	703 (19.8%)
Vacant Housing Units	463 (13.0%)
Median Home Value	$115,544
Average Home Value	$142,947