297 W Longview CtMadisonvilleLA70447
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 297 W Longview Ct, Madisonville, LA, 70447 at $550,000 posts ROI 21.29% with $185/mo cash flow from $3,592/mo rent. Total monthly income equals $3,592/mo, and annual cash flow records $2,220/yr on $180,950 to close. Return on cash invested measures 21.29% and rental yield reads 7.84% at the current $550,000. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 110.2% and total cumulative return in cash totals $199,414.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,592/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
0.26 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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Nearby investment properties with comparable prices
Listed by: Puddy Robinson • Crescent Sotheby's Intl Realty
Mls Name: GSREIN
Mls ID: #2528592