228 Water Front RdJamestownLA71045
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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 Jamestown at 228 Water Front Rd, Jamestown, LA, 71045 offers $1,217/mo rent that, after a $1,126/mo payment. Total monthly income is $1,217/mo. Return on cash invested measures 16.64% in year one, and rental yield stands at 6.35% at a $230,000 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,545 by year five. Five-year ROI records 85.3% and total cumulative return in cash reaches $65,035. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,217/mo property income versus a $1,126/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
0.57 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jennifer Smith • Pinnacle Realty Advisors
Mls Name: NELAR
Mls Provider:
Mls ID: #210694
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