236 Highway 2Plain DealingLA71064
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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
Investment property for sale in Plain Dealing at 236 Highway 2, Plain Dealing, LA, 71064 earns from $1,486/mo rent with a $1,835/mo payment. Total monthly income totals $1,486/mo. ROI tracks 11.83% on current figures, and rental yield reads 4.76% at a $374,900 purchase. Equity gained on principal adds $2,419/yr, and 5% annual appreciation supports $103,578 over five years. Five-year ROI reaches 59.55% and total cumulative return in cash sums $74,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,486/mo property income instead of your personal income.
Single Family
Built in 1961
37.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71064, Plain Dealing, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,195 (63.1%) |
| Renter Occupied HU | 290 (15.3%) |
| Vacant Housing Units | 408 (21.6%) |
| Median Home Value | $141,477 |
| Average Home Value | $226,900 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,228
Multi-Family
32
Businesses
81
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Listed by: Rachel Harvill • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #21159143