3177 Parhams RdJonesvilleLA71343
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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 Jonesville at 3177 Parhams Rd, Jonesville, LA, 71343 offers a 5.92% rental yield on a $248,000 purchase with $1,223/mo rent. 33% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 78.33% and total cumulative return in cash at $64,398. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,223/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
2 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
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Listed by: CHRISTIAN CUNNINGHAM • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls ID: #2531714