103 N Magnolia StPlain DealingLA71064
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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 Plain Dealing at 103 N Magnolia St, Plain Dealing, LA, 71064 priced at $124,900 pairs $972/mo rent with $199/mo cash flow after a $611/mo payment. Total monthly income equals $972/mo, and annual cash flow comes to $2,384/yr on $41,404 invested. Return on cash invested is 25.67% in year one, and rental yield stands at 9.34% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 133.75% and total cumulative return in cash reaches $55,378. For financing, Ziffy Mortgage’s DSCR program evaluates $972/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
8,245 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71064, Plain Dealing, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,195 (63.1%) |
| Renter Occupied HU | 290 (15.3%) |
| Vacant Housing Units | 408 (21.6%) |
| Median Home Value | $141,477 |
| Average Home Value | $226,900 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,228
Multi-Family
32
Businesses
81
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Listed by: Stefanie Eades • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21102375