3032 Highway 487MarthavilleLA71450
Nearby investment properties with comparable rents
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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
Rental property for sale in Marthaville at 3032 Highway 487, Marthaville, LA, 71450 generates $1,265/mo in rent and, after a $783/mo payment, leaves $274/mo in cash flow. Total monthly income is $1,265/mo, and annual cash flow is $3,288/yr on $53,040 invested. Return on cash invested sits at 26.11% in year one, and rental yield is 9.49% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 136.09% and total cumulative return in cash sums $72,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,265/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71450, Marthaville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 298 (66.8%) |
| Renter Occupied HU | 48 (10.8%) |
| Vacant Housing Units | 100 (22.4%) |
| Median Home Value | $84,545 |
| Average Home Value | $153,565 |
Housing Distribution
Address Breakdown
Residential
399
Single Family
399
Multi-Family
0
Businesses
16
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Listed by: Taryn Brooks • L Brooks Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11448483