2415 Myland DrPinevilleLA71360
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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 Pineville at 2415 Myland Dr, Pineville, LA, 71360 offers a 10.04% rental yield on a $220,000 purchase with $1,840/mo rent. Total monthly income registers $1,840/mo, and a $1,077/mo payment leaves $477/mo available for distribution. Annual cash flow reaches $5,724/yr on $72,930 to close, and return on cash invested stands at 27.76% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 144.91% and total cumulative return in cash at $105,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,840/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71360, Pineville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,482 (100%) |
| Owner Occupied HU | 9,390 (60.7%) |
| Renter Occupied HU | 4,548 (29.4%) |
| Vacant Housing Units | 1,544 ( 10.0%) |
| Median Home Value | $226,141 |
| Average Home Value | $251,941 |
Housing Distribution
Address Breakdown
Residential
15,005
Single Family
13,872
Multi-Family
1,133
Businesses
862
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