116 Nelda DrLeesvilleLA71446
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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 Leesville at 116 Nelda Dr, Leesville, LA, 71446 uses $53,040 cash to close to unlock $6,180/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $1,506/mo, and a $783/mo payment keeps the spread at $515/mo. Purchase price stands at $160,000, and rental yield measures 11.29% with $1,506/mo rent. Return on cash invested shows 31.56% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 165.32% and total cumulative return in cash records $87,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,506/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71446, Leesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,611 (100%) |
| Owner Occupied HU | 6,133 (52.8%) |
| Renter Occupied HU | 3,531 (30.4%) |
| Vacant Housing Units | 1,947 (16.8%) |
| Median Home Value | $171,108 |
| Average Home Value | $196,862 |
Housing Distribution
Address Breakdown
Residential
10,377
Single Family
9,748
Multi-Family
629
Businesses
795
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