3864 Highway 159MindenLA71055
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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 Minden at 3864 Highway 159, Minden, LA, 71055 generates $1,254/mo in rent and, after a $974/mo payment, leaves $21/mo in cash flow. Total monthly income is $1,254/mo, and annual cash flow is $256/yr on $65,969 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 7.56% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 104.97% and total cumulative return in cash sums $69,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71055, Minden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,873 (100%) |
| Owner Occupied HU | 5,204 (58.6%) |
| Renter Occupied HU | 2,517 (28.4%) |
| Vacant Housing Units | 1,152 (13.0%) |
| Median Home Value | $129,704 |
| Average Home Value | $170,659 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
7,931
Multi-Family
472
Businesses
746
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