188 Julie LnStonewallLA71078
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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 Stonewall at 188 Julie Ln, Stonewall, LA, 71078 priced at $357,000 pairs $2,615/mo rent with $296/mo cash flow after a $1,747/mo payment. Total monthly income equals $2,615/mo, and annual cash flow comes to $3,554/yr on $118,346 invested. Return on cash invested is 22.91% in year one, and rental yield stands at 8.79% on a $357,000 basis. Equity gained on principal adds $2,304/yr, and 5% annual appreciation accumulates to $98,633 by year five. Five-year ROI measures 119.38% and total cumulative return in cash reaches $141,280. For financing, Ziffy Mortgage’s DSCR program evaluates $2,615/mo property income against a $1,747/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71078, Stonewall, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,511 (79.9%) |
| Renter Occupied HU | 391 (12.4%) |
| Vacant Housing Units | 239 ( 7.6%) |
| Median Home Value | $292,277 |
| Average Home Value | $279,868 |
Housing Distribution
Address Breakdown
Residential
2,927
Single Family
2,927
Multi-Family
0
Businesses
178
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Listed by: R. Daniel Dobson • Louisiana Realty & Assoc LLC
Mls Name: NTREIS
Mls ID: #20921762
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.