10416 Manchester CtKeithvilleLA71047
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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 Keithville at 10416 Manchester Ct, Keithville, LA, 71047 offers a 7.91% rental yield on a $349,900 purchase with $2,306/mo rent. Total monthly income registers $2,306/mo, and a $1,713/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,658/yr on $115,992 to close, and return on cash invested stands at 21.34% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,671 over five years. Portfolio math shows five-year ROI at 110.55% and total cumulative return in cash at $128,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,306/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71047, Keithville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,567 (75.6%) |
| Renter Occupied HU | 648 (13.7%) |
| Vacant Housing Units | 506 (10.7%) |
| Median Home Value | $213,714 |
| Average Home Value | $230,569 |
Housing Distribution
Address Breakdown
Residential
4,713
Single Family
4,679
Multi-Family
34
Businesses
167
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Listed by: Jenny Spivey • East Bank Real Estate
Mls Name: NTREIS
Mls ID: #21096618