1121 Bass RdLeesvilleLA71446
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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 Leesville at 1121 Bass Rd, Leesville, LA, 71446 generates $1,507/mo in rent, after a $1,223/mo payment. Total monthly income is $1,507/mo. Return on cash invested sits at 19.32% in year one, and rental yield is 7.24% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 99.72% and total cumulative return in cash sums $82,610. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
1 Acres 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
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Listed by: Teresa Deere • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL24001689
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.