305 Billingsley StLogansportLA71049
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 Logansport at 305 Billingsley St, Logansport, LA, 71049 at $119,000 posts ROI 25.52% with $184/mo cash flow from $921/mo rent. Total monthly income equals $921/mo, and annual cash flow records $2,212/yr on $39,449 to close. Return on cash invested measures 25.52% and rental yield reads 9.29% at the current $119,000. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 by year five. Five-year ROI prints 133.01% and total cumulative return in cash totals $52,469.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $921/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1993
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71049, Logansport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 1,025 (61.0%) |
| Renter Occupied HU | 347 (20.7%) |
| Vacant Housing Units | 307 (18.3%) |
| Median Home Value | $155,429 |
| Average Home Value | $204,927 |
Housing Distribution
Address Breakdown
Residential
1,190
Single Family
1,190
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sonya Stutts • T & T Realty LLC
Mls Name: NTREIS
Mls ID: #20710712
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.