331 Munson RdCheneyvilleLA71325
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.26% gross rental yield, 331 Munson Rd, Cheneyville, LA, 71325 in Cheneyville is priced for capital growth, not immediate cash flow. The $899,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $248,377 by year five, with $8,280/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.98) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $236,204.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.5% |
| Monthly Cash Flow | $(1,628) | $350 |
City averages based on Cheneyville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,941 |
| Total Monthly Debt Service | $5,211 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
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
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
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.