138 White Heron DrMadisonvilleLA70447
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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 Madisonville at 138 White Heron Dr, Madisonville, LA, 70447 priced at $264,900 pairs $1,903/mo rent with $126/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,903/mo, and annual cash flow comes to $1,508/yr on $87,814 invested. Return on cash invested is 21.63% in year one, and rental yield stands at 8.62% on a $264,900 basis. Equity gained on principal adds $1,709/yr, and 5% annual appreciation accumulates to $73,187 by year five. Five-year ROI measures 112.76% and total cumulative return in cash reaches $99,020. For financing, Ziffy Mortgage’s DSCR program evaluates $1,903/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2009
2,238 sqft lot
$N/A/sqft
$136 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70447, Madisonville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,832 (100%) |
| Owner Occupied HU | 5,928 (86.8%) |
| Renter Occupied HU | 511 ( 7.5%) |
| Vacant Housing Units | 393 ( 5.8%) |
| Median Home Value | $400,856 |
| Average Home Value | $449,623 |
Housing Distribution
Address Breakdown
Residential
6,549
Single Family
6,442
Multi-Family
107
Businesses
430
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Listed by: Dale Dixon • Century 21 Investment Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2470985
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