1460 Cary 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
Investment property for sale in Jena at 1460 Cary St, Jena, LA, 71342 with 5% annual appreciation on a $275,000 basis while $1,980/mo rent supports operations. Total monthly income totals $1,980/mo and a $1,346/mo payment preserves $277/mo for cash returns. Annual cash flow comes to $3,318/yr on $91,163 deployed, and return on cash invested reaches 23.55% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.64%. Five-year ROI measures 122.38% and total cumulative return in cash totals $111,563.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,980/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.56 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: Vicki Weaver • WEAVER REALTY LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2479355
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.