164 Melrose Bend BlvdNatchezLA71456
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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 Natchez at 164 Melrose Bend Blvd, Natchez, LA, 71456 priced at $1,300,000 converts $0/mo rent into after a $6,363/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.64% in year one, and rental yield reads 0% against a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation compiles into $359,166 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $6,363/mo payment, not borrower’s personal income.
Single Family
Built in 1995
5.17 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71456, Natchez, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 376 (58.1%) |
| Renter Occupied HU | 131 (20.2%) |
| Vacant Housing Units | 140 (21.6%) |
| Median Home Value | $235,593 |
| Average Home Value | $239,402 |
Housing Distribution
Address Breakdown
Residential
610
Single Family
610
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Christina Bellino • United Real Estate Partners
Mls Name: GSREIN
Mls Provider:
Mls ID: #2492984
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