474 S Chenier DrMadisonvilleLA70447
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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 474 S Chenier Dr, Madisonville, LA, 70447 offers $5,881/mo rent that, after a $4,503/mo payment, leaves $182/mo cash flow. Total monthly income is $5,881/mo, and annual cash flow is $2,184/yr on $302,680 cash. Return on cash invested measures 20.78% in year one, and rental yield stands at 7.67% at a $920,000 entry. Equity gained on principal adds $5,937/yr while 5% annual appreciation compounds into $254,179 by year five. Five-year ROI records 107.49% and total cumulative return in cash reaches $325,347. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,881/mo property income versus a $4,503/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
1.09 Acres lot
$N/A/sqft
No 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
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Listed by: Amanda McDaniel • Downtown Realty
Mls Name: GSREIN
Mls ID: #2499587