290 Lakeside 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
Investment property for sale in Downsville at 290 Lakeside Rd, Downsville, LA, 71234 with 5% annual appreciation on a $520,000 basis while $3,894/mo rent supports operations. Total monthly income totals $3,894/mo and a $2,545/mo payment preserves $673/mo for cash returns. Annual cash flow comes to $8,076/yr on $171,080 deployed, and return on cash invested reaches 24.78% in year one. Equity gained on principal adds $3,355/yr, and five-year appreciation sums $143,666 alongside rental yield of 8.99%. Five-year ROI measures 128.92% and total cumulative return in cash totals $220,559.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,894/mo property income versus a $2,545/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
0.40 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: Chip Norman • DB Real Estate
Mls Name: NELAR
Mls ID: #217573