39 Hester StMadisonvilleLA70447
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
Investment property for sale in Madisonville at 39 Hester St, Madisonville, LA, 70447 uses $114,036 cash to close to unlock $7,834/yr annual cash flow and $653/mo monthly cash flow. Total monthly income runs $2,784/mo, and a $1,684/mo payment keeps the spread at $653/mo. Purchase price stands at $344,000, and rental yield measures 9.71% with $2,784/mo rent. Return on cash invested shows 26.78% in year one, and 5% annual appreciation builds toward $95,041 over five years. Five-year ROI reaches 139.68% and total cumulative return in cash records $159,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,784/mo property income covering a $1,684/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70447, Madisonville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,832 (100%) |
| Owner Occupied HU | 5,928 (86.8%) |
| Renter Occupied HU | 511 ( 7.5%) |
| Vacant Housing Units | 393 ( 5.8%) |
| Median Home Value | $400,856 |
| Average Home Value | $449,623 |
Housing Distribution
Address Breakdown
Residential
6,549
Single Family
6,442
Multi-Family
107
Businesses
430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexander Champagne • Atlas Real Estate Company, LLC
Mls Name: GSREIN
Mls ID: #2531693