1179 N 2nd StJenaLA71342
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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 Jena at 1179 N 2nd St, Jena, LA, 71342 generates $928/mo in rent and, after a $587/mo payment, leaves $185/mo in cash flow. Total monthly income is $928/mo, and annual cash flow is $2,220/yr on $39,780 invested. Return on cash invested sits at 25.49% in year one, and rental yield is 9.28% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 132.75% and total cumulative return in cash sums $52,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $928/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71342, Jena, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,153 (65.0%) |
| Renter Occupied HU | 601 (18.2%) |
| Vacant Housing Units | 557 (16.8%) |
| Median Home Value | $171,573 |
| Average Home Value | $209,088 |
Housing Distribution
Address Breakdown
Residential
2,435
Single Family
2,435
Multi-Family
0
Businesses
288
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Listed by: SHAWN NUGENT • THE REALTY COMPANY OF LOUISIANA, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2475928
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.