2246 Highway 1MarksvilleLA71351
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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 Marksville at 2246 Highway 1, Marksville, LA, 71351 generates $1,281/mo in rent and, after a $820/mo payment, leaves $243/mo in cash flow. Total monthly income is $1,281/mo, and annual cash flow is $2,919/yr on $55,526 invested. Return on cash invested sits at 25.17% in year one, and rental yield is 9.18% on a $167,500 entry. Equity gained on principal adds $1,081/yr, while 5% annual appreciation builds toward $46,277 over five years. Five-year ROI reaches 131.1% and total cumulative return in cash sums $72,796. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,281/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71351, Marksville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,335 (100%) |
| Owner Occupied HU | 3,154 (59.1%) |
| Renter Occupied HU | 1,253 (23.5%) |
| Vacant Housing Units | 928 (17.4%) |
| Median Home Value | $164,250 |
| Average Home Value | $197,892 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,394
Multi-Family
165
Businesses
510
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Listed by: Jamie Ponthier • Leo Group Realty
Mls Name: GCLRA
Mls ID: #2530816