167 Fletcher RdLongvilleLA70652
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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 Longville at 167 Fletcher Rd, Longville, LA, 70652 generates $1,289/mo in rent, after a $1,138/mo payment. Total monthly income is $1,289/mo. Return on cash invested sits at 17.55% in year one, and rental yield is 6.65% on a $232,500 entry. Equity gained on principal adds $1,500/yr, while 5% annual appreciation builds toward $64,235 over five years. Five-year ROI reaches 90.22% and total cumulative return in cash sums $69,540. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,289/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70652, Longville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,169 (100%) |
| Owner Occupied HU | 896 (76.6%) |
| Renter Occupied HU | 132 (11.3%) |
| Vacant Housing Units | 141 (12.1%) |
| Median Home Value | $230,795 |
| Average Home Value | $305,073 |
Housing Distribution
Address Breakdown
Residential
1,083
Single Family
1,083
Multi-Family
0
Businesses
37
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Listed by: ROXANNE CORBELLO • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL24006179
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.