200 Berry DrMindenLA71055
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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 200 Berry Dr, Minden, LA, 71055 with 5% annual appreciation on a $188,500 basis while $1,508/mo rent supports operations. Total monthly income totals $1,508/mo and a $923/mo payment preserves $340/mo for cash returns. Annual cash flow comes to $4,079/yr on $62,488 deployed, and return on cash invested reaches 26.44% in year one. Equity gained on principal adds $1,216/yr, and five-year appreciation sums $52,079 alongside rental yield of 9.6%. Five-year ROI measures 137.84% and total cumulative return in cash totals $86,133.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,508/mo property income versus a $923/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
1.10 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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Listed by: Adam Holley • Holley Real Estate
Mls Name: NTREIS
Mls ID: #20908471
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.