324 Butch Pardue RdDownsvilleLA71234
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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
Rental property for sale in Downsville at 324 Butch Pardue Rd, Downsville, LA, 71234 offers $1,987/mo rent that, after a $1,346/mo payment, leaves $285/mo cash flow. Total monthly income is $1,987/mo, and annual cash flow is $3,416/yr on $91,129 cash. Return on cash invested measures 23.66% in year one, and rental yield stands at 8.67% at a $274,900 entry. Equity gained on principal adds $1,774/yr while 5% annual appreciation compounds into $75,950 by year five. Five-year ROI records 122.97% and total cumulative return in cash reaches $112,059. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,987/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71234, Downsville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,400 (71.6%) |
| Renter Occupied HU | 248 (12.7%) |
| Vacant Housing Units | 306 (15.7%) |
| Median Home Value | $215,468 |
| Average Home Value | $219,575 |
Housing Distribution
Address Breakdown
Residential
2,023
Single Family
2,023
Multi-Family
0
Businesses
48
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Nearby investment properties with comparable prices
Listed by: Kelly Johnson • Keller Williams Parishwide Partners
Mls Name: NELAR
Mls ID: #214523