4206 Parkridge DrBentonLA71006
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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 Benton at 4206 Parkridge Dr, Benton, LA, 71006 uses $98,679 cash to close to unlock $3,515/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $2,183/mo, and a $1,457/mo payment keeps the spread at $293/mo. Purchase price stands at $297,675, and rental yield measures 8.8% with $2,183/mo rent. Return on cash invested shows 23.47% in year one, and 5% annual appreciation builds toward $82,242 over five years. Five-year ROI reaches 122.13% and total cumulative return in cash records $120,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,183/mo property income covering a $1,457/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.25 Acres 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
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Listed by: Allyson Smith • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #20957398
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.