1691 Lake Vernon RdLeesvilleLA71446
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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 Leesville at 1691 Lake Vernon Rd, Leesville, LA, 71446 listed at $459,000 pairs $2,960/mo rent with a $2,247/mo payment to leave $116/mo cash flow. Total monthly income runs $2,960/mo, and annual cash flow reaches $1,396/yr on $152,159 cash to close. Return on cash invested measures 20.83% in year one, and rental yield registers 7.74% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 107.79% and total cumulative return in cash totals $164,015. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,960/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71446, Leesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,611 (100%) |
| Owner Occupied HU | 6,133 (52.8%) |
| Renter Occupied HU | 3,531 (30.4%) |
| Vacant Housing Units | 1,947 (16.8%) |
| Median Home Value | $171,108 |
| Average Home Value | $196,862 |
Housing Distribution
Address Breakdown
Residential
10,377
Single Family
9,748
Multi-Family
629
Businesses
795
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Nearby investment properties with comparable prices
Listed by: Peggy Pennington Stanford • Era Sarver Real Estate
Mls Name: Greater Fort Polk Area Realtors
Mls Provider:
Mls ID: #18-6560
Disclaimer: Copyright Greater Fort Polk Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.