3211 Savage Forks RdLeesvilleLA71446
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
Investment Highlights
Rental property for sale in Leesville at 3211 Savage Forks Rd, Leesville, LA, 71446 priced at $239,000 converts $784/mo rent into after a $1,170/mo obligation. Total monthly income equals $784/mo. Return on cash invested prints 9.36% in year one, and rental yield reads 3.94% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 46.3% and total cumulative return in cash sums $36,684. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $784/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Manufactured
Built in 2018
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71446, Leesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,611 (100%) |
| Owner Occupied HU | 6,133 (52.8%) |
| Renter Occupied HU | 3,531 (30.4%) |
| Vacant Housing Units | 1,947 (16.8%) |
| Median Home Value | $171,108 |
| Average Home Value | $196,862 |
Housing Distribution
Address Breakdown
Residential
10,377
Single Family
9,748
Multi-Family
629
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy Pennington Stanford • Era Sarver Real Estate
Mls Name: Greater Fort Polk Area Realtors
Mls Provider:
Mls ID: #18-6481
Disclaimer: Copyright Greater Fort Polk Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.