1108 Pine StMadisonvilleLA70447
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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 Madisonville at 1108 Pine St, Madisonville, LA, 70447 offers $2,700/mo rent that, after a $3,255/mo payment. Total monthly income is $2,700/mo. Return on cash invested measures 12.27% in year one, and rental yield stands at 4.87% at a $665,000 entry. Equity gained on principal adds $4,291/yr while 5% annual appreciation compounds into $183,727 by year five. Five-year ROI records 61.88% and total cumulative return in cash reaches $135,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,700/mo property income versus a $3,255/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70447, Madisonville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,832 (100%) |
| Owner Occupied HU | 5,928 (86.8%) |
| Renter Occupied HU | 511 ( 7.5%) |
| Vacant Housing Units | 393 ( 5.8%) |
| Median Home Value | $400,856 |
| Average Home Value | $449,623 |
Housing Distribution
Address Breakdown
Residential
6,549
Single Family
6,442
Multi-Family
107
Businesses
430
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Listed by: Eugene Puig • Watermark Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2472394
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. [Click here for more information](/info/mls-disclaimers/#mls_250)