205 Old Palmetto RdBentonLA71006
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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 Benton at 205 Old Palmetto Rd, Benton, LA, 71006 priced at $499,000 pairs $3,372/mo rent with $281/mo cash flow after a $2,442/mo payment. Total monthly income equals $3,372/mo, and annual cash flow comes to $3,376/yr on $165,419 invested. Return on cash invested is 21.95% in year one, and rental yield stands at 8.11% on a $499,000 basis. Equity gained on principal adds $3,220/yr, and 5% annual appreciation accumulates to $137,865 by year five. Five-year ROI measures 113.8% and total cumulative return in cash reaches $188,250. For financing, Ziffy Mortgage’s DSCR program evaluates $3,372/mo property income against a $2,442/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71006, Benton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 5,167 (81.1%) |
| Renter Occupied HU | 638 (10.0%) |
| Vacant Housing Units | 565 ( 8.9%) |
| Median Home Value | $362,575 |
| Average Home Value | $394,324 |
Housing Distribution
Address Breakdown
Residential
6,115
Single Family
6,115
Multi-Family
0
Businesses
414
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