3209 Highway 2HaynesvilleLA71038
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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 Haynesville at 3209 Highway 2, Haynesville, LA, 71038 uses $34,808 cash to close to unlock $1,722/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $794/mo, and a $514/mo payment keeps the spread at $144/mo. Purchase price stands at $105,000, and rental yield measures 9.07% with $794/mo rent. Return on cash invested shows 24.86% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 129.46% and total cumulative return in cash records $45,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $794/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1946
2.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71038, Haynesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,004 (58.8%) |
| Renter Occupied HU | 446 (26.1%) |
| Vacant Housing Units | 258 (15.1%) |
| Median Home Value | $84,381 |
| Average Home Value | $108,419 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,617
Multi-Family
119
Businesses
159
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Listed by: Catherine Hunt • LA State Realty, LLC
Mls Name: NTREIS
Mls ID: #21157720