114 Donaldson RdDry ProngLA71423
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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 Dry Prong at 114 Donaldson Rd, Dry Prong, LA, 71423 priced at $209,900 pairs $1,578/mo rent with $278/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,578/mo, and annual cash flow comes to $3,338/yr on $69,582 invested. Return on cash invested is 24.71% in year one, and rental yield stands at 9.02% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 128.63% and total cumulative return in cash reaches $89,504. For financing, Ziffy Mortgage’s DSCR program evaluates $1,578/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71423, Dry Prong, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,518 (100%) |
| Owner Occupied HU | 1,909 (75.8%) |
| Renter Occupied HU | 327 (13.0%) |
| Vacant Housing Units | 282 (11.2%) |
| Median Home Value | $191,465 |
| Average Home Value | $223,387 |
Housing Distribution
Address Breakdown
Residential
2,119
Single Family
2,119
Multi-Family
0
Businesses
84
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Listed by: RANDY BROWNING • REALTY EXPERTS, INC.
Mls Name: GCLRA
Mls Provider:
Mls ID: #2504830
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.