304 Levee StJonesvilleLA71343
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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 Jonesville at 304 Levee St, Jonesville, LA, 71343 offers $0/mo rent that, after a $514/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.52% in year one, and rental yield stands at 0% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71343, Jonesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,563 (100%) |
| Owner Occupied HU | 2,206 (61.9%) |
| Renter Occupied HU | 561 (15.7%) |
| Vacant Housing Units | 796 (22.3%) |
| Median Home Value | $122,538 |
| Average Home Value | $148,866 |
Housing Distribution
Address Breakdown
Residential
3,139
Single Family
3,066
Multi-Family
73
Businesses
241
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Donna L Verdel • River Park Realty
Mls Name: MLS United
Mls ID: #4137361