2679 Parhams RdJonesvilleLA71343
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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 Jonesville at 2679 Parhams Rd, Jonesville, LA, 71343 generates $1,230/mo in rent, after a $1,263/mo payment. Total monthly income is $1,230/mo. Return on cash invested sits at 14.74% in year one, and rental yield is 5.72% on a $258,000 entry. Equity gained on principal adds $1,665/yr, while 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 75.15% and total cumulative return in cash sums $64,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,230/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71343, Jonesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,563 (100%) |
| Owner Occupied HU | 2,206 (61.9%) |
| Renter Occupied HU | 561 (15.7%) |
| Vacant Housing Units | 796 (22.3%) |
| Median Home Value | $122,538 |
| Average Home Value | $148,866 |
Housing Distribution
Address Breakdown
Residential
3,139
Single Family
3,066
Multi-Family
73
Businesses
241
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Listed by: AMY BROCATO • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls ID: #2529348