1009 Brenda CirMindenLA71055
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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 Minden at 1009 Brenda Cir, Minden, LA, 71055 offers a 10.9% rental yield on a $158,500 purchase with $1,440/mo rent. Total monthly income registers $1,440/mo, and a $776/mo payment leaves $458/mo available for distribution. Annual cash flow reaches $5,495/yr on $52,543 to close, and return on cash invested stands at 30.37% in year one. Equity gained on principal adds $1,023/yr while 5% annual appreciation supports $43,791 over five years. Portfolio math shows five-year ROI at 158.93% and total cumulative return in cash at $83,507. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,440/mo property income against a $776/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71055, Minden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,873 (100%) |
| Owner Occupied HU | 5,204 (58.6%) |
| Renter Occupied HU | 2,517 (28.4%) |
| Vacant Housing Units | 1,152 (13.0%) |
| Median Home Value | $129,704 |
| Average Home Value | $170,659 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
7,931
Multi-Family
472
Businesses
746
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Listed by: April Cassidy • Carey Real Estate LLC
Mls Name: NTREIS
Mls ID: #20975560
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.