413 E Palmetto AvePlain DealingLA71064
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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
Investment property for sale in Plain Dealing at 413 E Palmetto Ave, Plain Dealing, LA, 71064 listed at $269,999 pairs $1,542/mo rent with a $1,322/mo payment. Total monthly income runs $1,542/mo. Return on cash invested measures 18.15% in year one, and rental yield registers 6.85% at a $269,999 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 93.42% and total cumulative return in cash totals $83,617. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,542/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1907
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71064, Plain Dealing, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,195 (63.1%) |
| Renter Occupied HU | 290 (15.3%) |
| Vacant Housing Units | 408 (21.6%) |
| Median Home Value | $141,477 |
| Average Home Value | $226,900 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,228
Multi-Family
32
Businesses
81
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Listed by: Miguel Dorsey • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #21087413