230 Wendy LnStonewallLA71078
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 Stonewall at 230 Wendy Ln, Stonewall, LA, 71078 priced at $189,900 pairs $1,744/mo rent with $568/mo cash flow after a $929/mo payment. Total monthly income equals $1,744/mo, and annual cash flow comes to $6,818/yr on $62,952 invested. Return on cash invested is 30.74% in year one, and rental yield stands at 11.02% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 160.99% and total cumulative return in cash reaches $101,345. For financing, Ziffy Mortgage’s DSCR program evaluates $1,744/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
9.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71078, Stonewall, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,511 (79.9%) |
| Renter Occupied HU | 391 (12.4%) |
| Vacant Housing Units | 239 ( 7.6%) |
| Median Home Value | $292,277 |
| Average Home Value | $279,868 |
Housing Distribution
Address Breakdown
Residential
2,927
Single Family
2,927
Multi-Family
0
Businesses
178
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