28645 Venette CtMadisonvilleLA70447
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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 Madisonville at 28645 Venette Ct, Madisonville, LA, 70447 uses $112,710 cash to close to unlock $13,608/yr annual cash flow and $1,134/mo monthly cash flow. Total monthly income runs $3,240/mo, and a $1,664/mo payment keeps the spread at $1,134/mo. Purchase price stands at $340,000, and rental yield measures 11.44% with $3,240/mo rent. Return on cash invested shows 31.98% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 167.58% and total cumulative return in cash records $188,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2011
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70447, Madisonville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,832 (100%) |
| Owner Occupied HU | 5,928 (86.8%) |
| Renter Occupied HU | 511 ( 7.5%) |
| Vacant Housing Units | 393 ( 5.8%) |
| Median Home Value | $400,856 |
| Average Home Value | $449,623 |
Housing Distribution
Address Breakdown
Residential
6,549
Single Family
6,442
Multi-Family
107
Businesses
430
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Listed by: Marcela Golden • 1 Percent Lists
Mls Name: GSREIN
Mls ID: #2509424