218 Main StColumbiaLA71418
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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 Columbia at 218 Main St, Columbia, LA, 71418 generates $1,219/mo in rent and, after a $661/mo payment, leaves $383/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $4,590/yr on $44,753 invested. Return on cash invested sits at 30.17% in year one, and rental yield is 10.84% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 157.94% and total cumulative return in cash sums $70,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71418, Columbia, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,172 (100%) |
| Owner Occupied HU | 1,876 (59.1%) |
| Renter Occupied HU | 623 (19.6%) |
| Vacant Housing Units | 673 (21.2%) |
| Median Home Value | $130,282 |
| Average Home Value | $182,193 |
Housing Distribution
Address Breakdown
Residential
2,345
Single Family
2,243
Multi-Family
102
Businesses
231
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