1137 Waller DrHaynesvilleLA71038
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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 Haynesville at 1137 Waller Dr, Haynesville, LA, 71038 priced at $120,000 converts $926/mo rent into $183/mo cash flow after a $587/mo obligation. Total monthly income equals $926/mo, and annual cash flow totals $2,196/yr on $39,780 invested. Return on cash invested prints 25.43% in year one, and rental yield reads 9.26% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 132.45% and total cumulative return in cash sums $52,687. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $926/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71038, Haynesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,004 (58.8%) |
| Renter Occupied HU | 446 (26.1%) |
| Vacant Housing Units | 258 (15.1%) |
| Median Home Value | $84,381 |
| Average Home Value | $108,419 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,617
Multi-Family
119
Businesses
159
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Listed by: Barbara Listle • Coldwell Banker Group One Realty
Mls Name: NELAR
Mls ID: #214614