115 Merrydale Ln, Rayne, LA, 70578 | $1,369/mo Cash Flow

Off market

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rayne at 115 Merrydale Ln, Rayne, LA, 70578 offers $2,891/mo rent that, after a $1,136/mo payment, leaves $1,369/mo cash flow. Total monthly income is $2,891/mo, and annual cash flow is $16,425/yr on $76,958 cash. Return on cash invested measures 41.25% in year one, and rental yield stands at 14.94% at a $232,150 entry. Equity gained on principal adds $1,498/yr while 5% annual appreciation compounds into $64,139 by year five. Five-year ROI records 217.77% and total cumulative return in cash reaches $167,590. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,891/mo property income versus a $1,136/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2017

6,298 sqft lot

$N/A/sqft

$22 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70578, Rayne, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,020 (100%)
Owner Occupied HU	4,552 (64.8%)
Renter Occupied HU	1,753 (25.0%)
Vacant Housing Units	715 (10.2%)
Median Home Value	$187,805
Average Home Value	$207,462