404 Independence CirBentonLA71006
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Benton rental at 404 Independence Cir, Benton, LA, 71006 sits in the solid-income band: 9.18% gross yield, $2,899/mo rent, $531/mo net after the $1,704/mo debt service, DSCR 1.70. Entry price of $379,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $104,711 and $3,491/yr in principal reduction bring total cumulative return to $179,234.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $531 | $600 |
City averages based on Benton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,899 |
| Total Monthly Debt Service | $2,197 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 2018
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71006, Benton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 5,167 (81.1%) |
| Renter Occupied HU | 638 (10.0%) |
| Vacant Housing Units | 565 ( 8.9%) |
| Median Home Value | $362,575 |
| Average Home Value | $394,324 |
Housing Distribution
Address Breakdown
Residential
6,115
Single Family
6,115
Multi-Family
0
Businesses
414
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 2018
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71006, Benton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,370 (100%) |
| Owner Occupied HU | 5,167 (81.1%) |
| Renter Occupied HU | 638 (10.0%) |
| Vacant Housing Units | 565 ( 8.9%) |
| Median Home Value | $362,575 |
| Average Home Value | $394,324 |
Housing Distribution
Address Breakdown
Residential
6,115
Single Family
6,115
Multi-Family
0
Businesses
414
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices