214 Tower StLeesvilleLA71446
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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 Leesville at 214 Tower St, Leesville, LA, 71446 generates $2,916/mo in rent and, after a $1,810/mo payment, leaves $625/mo in cash flow. Total monthly income is $2,916/mo, and annual cash flow is $7,502/yr on $122,622 invested. Return on cash invested sits at 26.03% in year one, and rental yield is 9.46% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 135.68% and total cumulative return in cash sums $166,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,916/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71446, Leesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,611 (100%) |
| Owner Occupied HU | 6,133 (52.8%) |
| Renter Occupied HU | 3,531 (30.4%) |
| Vacant Housing Units | 1,947 (16.8%) |
| Median Home Value | $171,108 |
| Average Home Value | $196,862 |
Housing Distribution
Address Breakdown
Residential
10,377
Single Family
9,748
Multi-Family
629
Businesses
795
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