221 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 221 Old Palmetto Rd, Benton, LA, 71006 priced at $429,900 converts $2,801/mo rent into $127/mo cash flow after a $2,104/mo obligation. Total monthly income equals $2,801/mo, and annual cash flow totals $1,528/yr on $142,512 invested. Return on cash invested prints 20.98% in year one, and rental yield reads 7.82% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 108.65% and total cumulative return in cash sums $154,843. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,801/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.45 Acres lot
$N/A/sqft
$130 annually 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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Listed by: Misty Bording • East Bank Real Estate
Mls Name: NTREIS
Mls ID: #20886419
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.