1516 Periwinkle CtMadisonvilleLA70447
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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 1516 Periwinkle Ct, Madisonville, LA, 70447 offers a 7.92% rental yield on a $542,500 purchase with $3,582/mo rent. Total monthly income registers $3,582/mo, and a $2,655/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,161/yr on $178,483 to close, and return on cash invested stands at 21.27% in year one. Equity gained on principal adds $3,501/yr while 5% annual appreciation supports $149,883 over five years. Portfolio math shows five-year ROI at 110.23% and total cumulative return in cash at $196,747. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,582/mo property income against a $2,655/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
10,885 sqft lot
$N/A/sqft
$500 annually 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: Tamar O'Connell • Realty One Group Immobilia
Mls Name: GSREIN
Mls Provider:
Mls ID: #2494147
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.