3187 Main StGoldonnaLA71031
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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 Goldonna at 3187 Main St, Goldonna, LA, 71031 offers a 9.54% rental yield on a $149,000 purchase with $1,185/mo rent. Total monthly income registers $1,185/mo, and a $729/mo payment leaves $262/mo available for distribution. Annual cash flow reaches $3,148/yr on $49,394 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 137.08% and total cumulative return in cash at $67,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,185/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71031, Goldonna, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 350 (60.7%) |
| Renter Occupied HU | 54 ( 9.4%) |
| Vacant Housing Units | 173 (30.0%) |
| Median Home Value | $85,641 |
| Average Home Value | $130,921 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
25
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