331 Munson RdCheneyvilleLA71325
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 Cheneyville at 331 Munson Rd, Cheneyville, LA, 71325 offers $3,941/mo rent that, after a $4,400/mo payment. Total monthly income is $3,941/mo. Return on cash invested measures 13.46% in year one, and rental yield stands at 5.26% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 68.22% and total cumulative return in cash reaches $201,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,941/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1815
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71325, Cheneyville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 378 (100%) |
| Owner Occupied HU | 242 (64.0%) |
| Renter Occupied HU | 85 (22.5%) |
| Vacant Housing Units | 51 (13.5%) |
| Median Home Value | $172,059 |
| Average Home Value | $168,760 |
Housing Distribution
Address Breakdown
Residential
171
Single Family
156
Multi-Family
15
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KAYLA WALKER • CENTURY 21 BUELOW-MILLER REALTY
Mls Name: GCLRA
Mls Provider:
Mls ID: #2460168
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.