211 Myrtle StPinevilleLA71360
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 211 Myrtle St, Pineville, LA, 71360 in Pineville deserves attention. This $279,900 property earns $2,436/mo in rent, a 10.44% gross yield, and nets $702/mo after the $1,259/mo payment. DSCR 1.93 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $77,331 compounds alongside $2,578/yr in yearly equity build, for a total cumulative return of $151,348.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $702 | $850 |
City averages based on Pineville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,436 |
| Total Monthly Debt Service | $1,622 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71360, Pineville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,482 (100%) |
| Owner Occupied HU | 9,390 (60.7%) |
| Renter Occupied HU | 4,548 (29.4%) |
| Vacant Housing Units | 1,544 ( 10.0%) |
| Median Home Value | $226,141 |
| Average Home Value | $251,941 |
Housing Distribution
Address Breakdown
Residential
15,005
Single Family
13,872
Multi-Family
1,133
Businesses
862
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71360, Pineville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,482 (100%) |
| Owner Occupied HU | 9,390 (60.7%) |
| Renter Occupied HU | 4,548 (29.4%) |
| Vacant Housing Units | 1,544 ( 10.0%) |
| Median Home Value | $226,141 |
| Average Home Value | $251,941 |
Housing Distribution
Address Breakdown
Residential
15,005
Single Family
13,872
Multi-Family
1,133
Businesses
862
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices