321 Merrill LnBentonLA71006
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 321 Merrill Ln, Benton, LA, 71006 in Benton is narrow, $128/mo net on $1,438/mo rent after the $951/mo debt service, but the property operates at break-even-plus, not a loss. At $211,500 with a 8.16% yield, the long-run equity case via 5% appreciation ($58,434 over five years) and $1,948/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.51 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $88,471.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.8% |
| Monthly Cash Flow | $128 | $600 |
City averages based on Benton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,438 |
| Total Monthly Debt Service | $1,226 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2023
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71006, Benton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 5,167 (81.1%) |
| Renter Occupied HU | 638 (10.0%) |
| Vacant Housing Units | 565 ( 8.9%) |
| Median Home Value | $362,575 |
| Average Home Value | $394,324 |
Housing Distribution
Address Breakdown
Residential
6,115
Single Family
6,115
Multi-Family
0
Businesses
414
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
Manufactured
Built in 2023
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71006, Benton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 5,167 (81.1%) |
| Renter Occupied HU | 638 (10.0%) |
| Vacant Housing Units | 565 ( 8.9%) |
| Median Home Value | $362,575 |
| Average Home Value | $394,324 |
Housing Distribution
Address Breakdown
Residential
6,115
Single Family
6,115
Multi-Family
0
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LaBrisha Strauss • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20774700
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.