408 Brown Thrasher Loop SMadisonvilleLA70447
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 Madisonville at 408 Brown Thrasher Loop S, Madisonville, LA, 70447 priced at $334,000 converts $2,759/mo rent into $628/mo cash flow after a $1,635/mo obligation. Total monthly income equals $2,759/mo, and annual cash flow totals $7,542/yr on $110,721 invested. Return on cash invested prints 26.72% in year one, and rental yield reads 9.91% against a $334,000 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation compiles into $92,278 by year five. Five-year ROI reaches 139.64% and total cumulative return in cash sums $154,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,759/mo property income covering a $1,635/mo payment, not borrower’s personal income.
Single Family
Built in 2006
7,200 sqft lot
$N/A/sqft
$184 quarterly 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: Theresa Rowe • Green Star Realty, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2461808
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. [Click here for more information](/info/mls-disclaimers/#mls_250)