3138 Old Harrisonburg RdJenaLA71342
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 3138 Old Harrisonburg Rd, Jena, LA, 71342 in Jena is a conservative rental investment at $275,000. Rental yield 6.72%. A 1.25 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $75,977; $2,533/yr in principal paydown supplements. Total projected return: $93,831.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 7.2% |
| Monthly Cash Flow | $(163) | $300 |
City averages based on Jena market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,541 |
| Total Monthly Debt Service | $1,594 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1965
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71342, Jena, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,153 (65.0%) |
| Renter Occupied HU | 601 (18.2%) |
| Vacant Housing Units | 557 (16.8%) |
| Median Home Value | $171,573 |
| Average Home Value | $209,088 |
Housing Distribution
Address Breakdown
Residential
2,435
Single Family
2,435
Multi-Family
0
Businesses
288
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
Single Family
Built in 1965
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71342, Jena, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,311 (100%) |
| Owner Occupied HU | 2,153 (65.0%) |
| Renter Occupied HU | 601 (18.2%) |
| Vacant Housing Units | 557 (16.8%) |
| Median Home Value | $171,573 |
| Average Home Value | $209,088 |
Housing Distribution
Address Breakdown
Residential
2,435
Single Family
2,435
Multi-Family
0
Businesses
288
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices