280 Carter RdDownsvilleLA71234
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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 Downsville at 280 Carter Rd, Downsville, LA, 71234 generates $1,284/mo in rent, after a $1,077/mo payment. Total monthly income is $1,284/mo. Return on cash invested sits at 18.61% in year one, and rental yield is 7% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 95.86% and total cumulative return in cash sums $69,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,284/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71234, Downsville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,400 (71.6%) |
| Renter Occupied HU | 248 (12.7%) |
| Vacant Housing Units | 306 (15.7%) |
| Median Home Value | $215,468 |
| Average Home Value | $219,575 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
2,023
Multi-Family
0
Businesses
48
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Listed by: Aaron Eldridge • Mary Kay Lee, Broker
Mls Name: NELAR
Mls ID: #216622