410 E Madison AveBastropLA71220
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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 Bastrop at 410 E Madison Ave, Bastrop, LA, 71220 priced at $104,995 converts $835/mo rent into $185/mo cash flow after a $514/mo obligation. Total monthly income equals $835/mo, and annual cash flow totals $2,214/yr on $34,806 invested. Return on cash invested prints 26.27% in year one, and rental yield reads 9.54% against a $104,995 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,008 by year five. Five-year ROI reaches 137.01% and total cumulative return in cash sums $47,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $835/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1940
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71220, Bastrop, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,728 (100%) |
| Owner Occupied HU | 5,466 (56.2%) |
| Renter Occupied HU | 2,971 (30.5%) |
| Vacant Housing Units | 1,291 (13.3%) |
| Median Home Value | $118,108 |
| Average Home Value | $154,806 |
Housing Distribution
Address Breakdown
Residential
9,554
Single Family
9,346
Multi-Family
208
Businesses
686
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