239 John Haye RdFarmervilleLA71241
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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 Farmerville at 239 John Haye Rd, Farmerville, LA, 71241 priced at $288,000 pairs $2,329/mo rent with $545/mo cash flow after a $1,410/mo payment. Total monthly income equals $2,329/mo, and annual cash flow comes to $6,535/yr on $95,472 invested. Return on cash invested is 26.75% in year one, and rental yield stands at 9.7% on a $288,000 basis. Equity gained on principal adds $1,858/yr, and 5% annual appreciation accumulates to $79,569 by year five. Five-year ROI measures 139.58% and total cumulative return in cash reaches $133,260. For financing, Ziffy Mortgage’s DSCR program evaluates $2,329/mo property income against a $1,410/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2012
9.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71241, Farmerville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,627 (100%) |
| Owner Occupied HU | 3,040 (65.7%) |
| Renter Occupied HU | 897 (19.4%) |
| Vacant Housing Units | 690 (14.9%) |
| Median Home Value | $165,173 |
| Average Home Value | $197,359 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,457
Multi-Family
60
Businesses
391
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Listed by: Jim Bryan • French Realty, LLC
Mls Name: NELAR
Mls ID: #217321