113 Lavigne RdMadisonvilleLA70447
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
Rental property for sale in Madisonville at 113 Lavigne Rd, Madisonville, LA, 70447 priced at $270,000 converts $1,946/mo rent into $273/mo cash flow after a $1,322/mo obligation. Total monthly income equals $1,946/mo, and annual cash flow totals $3,276/yr on $89,505 invested. Return on cash invested prints 23.57% in year one, and rental yield reads 8.65% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 122.47% and total cumulative return in cash sums $109,621. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,946/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Manufactured
Built in 2008
1.50 Acres 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: Thomas Anthony • Monument Real Estate, LLC
Mls Name: GSREIN
Mls ID: #2509109