300 Grist Mill DrBentonLA71006
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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 Benton at 300 Grist Mill Dr, Benton, LA, 71006 listed at $1,325,000 pairs $5,174/mo rent with a $6,485/mo payment. Total monthly income runs $5,174/mo. Return on cash invested measures 11.1% in year one, and rental yield registers 4.69% at a $1,325,000 basis. Equity gained on principal adds $8,550/yr, and annual property appreciation at 5% supports $366,073 by year five. Five-year ROI tracks 55.81% and total cumulative return in cash totals $239,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,174/mo property income relative to a $6,485/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
0.79 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71006, Benton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 5,167 (81.1%) |
| Renter Occupied HU | 638 (10.0%) |
| Vacant Housing Units | 565 ( 8.9%) |
| Median Home Value | $362,575 |
| Average Home Value | $394,324 |
Housing Distribution
Address Breakdown
Residential
6,115
Single Family
6,115
Multi-Family
0
Businesses
414
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Listed by: Kelly Garcie • Call It Closed International, Inc.
Mls Name: NTREIS
Mls ID: #20971982
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.