1873 Highway 600JonesvilleLA71343
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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 Jonesville at 1873 Highway 600, Jonesville, LA, 71343 generates $1,582/mo in rent and, after a $1,052/mo payment, leaves $251/mo in cash flow. Total monthly income is $1,582/mo, and annual cash flow is $3,006/yr on $71,273 invested. Return on cash invested sits at 24.13% in year one, and rental yield is 8.83% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 125.49% and total cumulative return in cash sums $89,437. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,582/mo property income rather than buyer’s personal income.
Manufactured
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71343, Jonesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,563 (100%) |
| Owner Occupied HU | 2,206 (61.9%) |
| Renter Occupied HU | 561 (15.7%) |
| Vacant Housing Units | 796 (22.3%) |
| Median Home Value | $122,538 |
| Average Home Value | $148,866 |
Housing Distribution
Address Breakdown
Residential
3,139
Single Family
3,066
Multi-Family
73
Businesses
241
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Listed by: Sybil W Workman • River Park Realty
Mls Name: MLS United
Mls ID: #4116826