1346 Jolene RdBasileLA70515
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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
Investment property for sale in Basile at 1346 Jolene Rd, Basile, LA, 70515 at $310,000 posts ROI 23.61% with $317/mo cash flow from $2,237/mo rent. Total monthly income equals $2,237/mo, and annual cash flow records $3,804/yr on $102,765 to close. Return on cash invested measures 23.61% and rental yield reads 8.66% at the current $310,000. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 by year five. Five-year ROI prints 122.68% and total cumulative return in cash totals $126,067.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,237/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70515, Basile, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 894 (63.0%) |
| Renter Occupied HU | 307 (21.7%) |
| Vacant Housing Units | 217 (15.3%) |
| Median Home Value | $151,282 |
| Average Home Value | $194,206 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,232
Multi-Family
12
Businesses
70
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Listed by: Gary DarDar • Keller Williams Realty Lake Ch
Mls Name: Greater Southern MLS
Mls ID: #SWL25002085
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.