221 Pardue RdJonesvilleLA71343
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
Investment Highlights
Rental property for sale in Jonesville at 221 Pardue Rd, Jonesville, LA, 71343 priced at $198,000 pairs $1,360/mo rent with $134/mo cash flow after a $969/mo payment. Total monthly income equals $1,360/mo, and annual cash flow comes to $1,603/yr on $65,637 invested. Return on cash invested is 22.35% in year one, and rental yield stands at 8.24% on a $198,000 basis. Equity gained on principal adds $1,278/yr, and 5% annual appreciation accumulates to $54,704 by year five. Five-year ROI measures 115.99% and total cumulative return in cash reaches $76,132. For financing, Ziffy Mortgage’s DSCR program evaluates $1,360/mo property income against a $969/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71343, Jonesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,563 (100%) |
| Owner Occupied HU | 2,206 (61.9%) |
| Renter Occupied HU | 561 (15.7%) |
| Vacant Housing Units | 796 (22.3%) |
| Median Home Value | $122,538 |
| Average Home Value | $148,866 |
Housing Distribution
Address Breakdown
Residential
3,139
Single Family
3,066
Multi-Family
73
Businesses
241
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Nearby investment properties with comparable prices
Listed by: Jakki Richardson • Creekside Realty, LLC
Mls Name: My State MLS
Mls ID: #11558282