29 Alice StMadisonvilleLA70447
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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 29 Alice St, Madisonville, LA, 70447 earns $262/mo cash flow from $2,160/mo rent with a $1,500/mo payment. Total monthly income totals $2,160/mo, and annual cash flow totals $3,139/yr on $101,605 capital. ROI tracks 23% on current figures, and rental yield reads 8.46% at a $306,500 purchase. Equity gained on principal adds $1,978/yr, and 5% annual appreciation supports $84,680 over five years. Five-year ROI reaches 119.44% and total cumulative return in cash sums $121,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,160/mo property income instead of your personal income.
Single Family
Built in 2007
0.58 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: Amanda Lass • Keller Williams Realty Premier Partners
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025007043
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.