204 High School DrVille PlatteLA70586
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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 Ville Platte at 204 High School Dr, Ville Platte, LA, 70586 priced at $199,999 converts $1,582/mo rent into $343/mo cash flow after a $979/mo obligation. Total monthly income equals $1,582/mo, and annual cash flow totals $4,116/yr on $66,300 invested. Return on cash invested prints 26.12% in year one, and rental yield reads 9.49% against a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 136.12% and total cumulative return in cash sums $90,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,582/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1933
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70586, Ville Platte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,614 (100%) |
| Owner Occupied HU | 5,749 (59.8%) |
| Renter Occupied HU | 2,652 (27.6%) |
| Vacant Housing Units | 1,213 (12.6%) |
| Median Home Value | $154,012 |
| Average Home Value | $178,620 |
Housing Distribution
Address Breakdown
Residential
8,427
Single Family
8,052
Multi-Family
375
Businesses
659
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Listed by: Lana Soileau • Real Broker, LLC
Mls Name: RAA
Mls ID: #2500000189