113 Roger Storme RdMadisonvilleLA70447
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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 Madisonville at 113 Roger Storme Rd, Madisonville, LA, 70447 earns $824/mo cash flow from $2,898/mo rent with a $1,639/mo payment. Total monthly income totals $2,898/mo, and annual cash flow totals $9,884/yr on $111,019 capital. ROI tracks 28.81% on current figures, and rental yield reads 10.38% at a $334,900 purchase. Equity gained on principal adds $2,161/yr, and 5% annual appreciation supports $92,527 over five years. Five-year ROI reaches 150.59% and total cumulative return in cash sums $167,185. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,898/mo property income instead of your personal income.
Single Family
Built in 2000
0.86 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: Chloe Conravey-Albert • 1 Percent Lists Premier
Mls Name: GSREIN
Mls Provider:
Mls ID: #2501766
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.