2153 Highway 2Plain DealingLA71064
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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 Plain Dealing at 2153 Highway 2, Plain Dealing, LA, 71064 listed at $177,200 pairs $2,042/mo rent with a $867/mo payment to leave $917/mo cash flow. Total monthly income runs $2,042/mo, and annual cash flow reaches $10,999/yr on $58,742 cash to close. Return on cash invested measures 38.63% in year one, and rental yield registers 13.83% at a $177,200 basis. Equity gained on principal adds $1,143/yr, and annual property appreciation at 5% supports $48,957 by year five. Five-year ROI tracks 203.47% and total cumulative return in cash totals $119,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,042/mo property income relative to a $867/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71064, Plain Dealing, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,195 (63.1%) |
| Renter Occupied HU | 290 (15.3%) |
| Vacant Housing Units | 408 (21.6%) |
| Median Home Value | $141,477 |
| Average Home Value | $226,900 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,228
Multi-Family
32
Businesses
81
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A