141 E Highway 22 Hwy #B-2MadisonvilleLA70447
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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 Madisonville at 141 E Highway 22 Hwy #B-2, Madisonville, LA, 70447 offers a 9.53% rental yield on a $349,000 purchase with $2,773/mo rent. Total monthly income registers $2,773/mo, and a $1,708/mo payment leaves $611/mo available for distribution. Annual cash flow reaches $7,336/yr on $115,694 to close, and return on cash invested stands at 26.25% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 136.87% and total cumulative return in cash at $158,352. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,773/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
1 Acres lot
$N/A/sqft
No 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: Louis Williams • Keller Williams Realty Services
Mls Name: GSREIN
Mls ID: #2529619