42 Jc Price RdDevilleLA71328
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 Deville at 42 Jc Price Rd, Deville, LA, 71328 offers a 9.34% rental yield on a $279,000 purchase with $2,172/mo rent. Total monthly income registers $2,172/mo, and a $1,366/mo payment leaves $386/mo available for distribution. Annual cash flow reaches $4,628/yr on $92,489 to close, and return on cash invested stands at 24.91% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 129.96% and total cumulative return in cash at $120,199. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,172/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71328, Deville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,655 (100%) |
| Owner Occupied HU | 2,764 (75.6%) |
| Renter Occupied HU | 481 (13.2%) |
| Vacant Housing Units | 410 (11.2%) |
| Median Home Value | $219,033 |
| Average Home Value | $229,980 |
Housing Distribution
Address Breakdown
Residential
3,196
Single Family
3,175
Multi-Family
21
Businesses
55
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Listed by: JENNIFER BYRD • RITCHIE REAL ESTATE
Mls Name: GCLRA
Mls Provider:
Mls ID: #2482695
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.