161 Malone RdPlain DealingLA71064
Nearby investment properties with comparable rents
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 Plain Dealing at 161 Malone Rd, Plain Dealing, LA, 71064 uses $61,328 cash to close to unlock $2,898/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,387/mo, and a $905/mo payment keeps the spread at $242/mo. Purchase price stands at $185,000, and rental yield measures 9% with $1,387/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 128.25% and total cumulative return in cash records $78,651. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,387/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 2007
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71064, Plain Dealing, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,195 (63.1%) |
| Renter Occupied HU | 290 (15.3%) |
| Vacant Housing Units | 408 (21.6%) |
| Median Home Value | $141,477 |
| Average Home Value | $226,900 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,228
Multi-Family
32
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Casey Tubbs • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #21153479