197 Graywood RdMindenLA71055
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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 Minden at 197 Graywood Rd, Minden, LA, 71055 earns $224/mo cash flow from $1,184/mo rent with a $759/mo payment. Total monthly income totals $1,184/mo, and annual cash flow totals $2,682/yr on $51,383 capital. ROI tracks 25.13% on current figures, and rental yield reads 9.17% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 130.88% and total cumulative return in cash sums $67,252. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,184/mo property income instead of your personal income.
Manufactured
Built in 2000
2.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71055, Minden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,873 (100%) |
| Owner Occupied HU | 5,204 (58.6%) |
| Renter Occupied HU | 2,517 (28.4%) |
| Vacant Housing Units | 1,152 (13.0%) |
| Median Home Value | $129,704 |
| Average Home Value | $170,659 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
7,931
Multi-Family
472
Businesses
746
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