109 Albert Smith RdFarmervilleLA71241
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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
Investment property for sale in Farmerville at 109 Albert Smith Rd, Farmerville, LA, 71241 earns from $960/mo rent with a $989/mo payment. Total monthly income totals $960/mo. ROI tracks 14.68% on current figures, and rental yield reads 5.7% at a $202,000 purchase. Equity gained on principal adds $1,303/yr, and 5% annual appreciation supports $55,809 over five years. Five-year ROI reaches 74.87% and total cumulative return in cash sums $50,136. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in N/A
3.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71241, Farmerville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,627 (100%) |
| Owner Occupied HU | 3,040 (65.7%) |
| Renter Occupied HU | 897 (19.4%) |
| Vacant Housing Units | 690 (14.9%) |
| Median Home Value | $165,173 |
| Average Home Value | $197,359 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,457
Multi-Family
60
Businesses
391
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Listed by: Kelly Johnson • Keller Williams Parishwide Partners
Mls Name: NELAR
Mls ID: #217275