1100 Louisiana AveMindenLA71055
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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 1100 Louisiana Ave, Minden, LA, 71055 uses $92,157 cash to close to unlock $2,371/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,361/mo payment keeps the spread at $198/mo. Purchase price stands at $278,000, and rental yield measures 8.29% with $1,920/mo rent. Return on cash invested shows 22.48% in year one, and 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 116.66% and total cumulative return in cash records $107,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,361/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.52 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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