109 Nelda DrNewllanoLA71446
Nearby investment properties with comparable rents
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 Newllano at 109 Nelda Dr, Newllano, LA, 71446 earns $32/mo cash flow from $992/mo rent with a $759/mo payment. Total monthly income totals $992/mo, and annual cash flow totals $378/yr on $51,383 capital. ROI tracks 20.64% on current figures, and rental yield reads 7.68% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 106.85% and total cumulative return in cash sums $54,904. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $992/mo property income instead of your personal income.
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71446, Leesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,611 (100%) |
| Owner Occupied HU | 6,133 (52.8%) |
| Renter Occupied HU | 3,531 (30.4%) |
| Vacant Housing Units | 1,947 (16.8%) |
| Median Home Value | $171,108 |
| Average Home Value | $196,862 |
Housing Distribution
Address Breakdown
Residential
10,377
Single Family
9,748
Multi-Family
629
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
