4745 Highway 389MerryvilleLA70653
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 Merryville at 4745 Highway 389, Merryville, LA, 70653 listed at $184,900 pairs $1,622/mo rent with a $905/mo payment to leave $477/mo cash flow. Total monthly income runs $1,622/mo, and annual cash flow reaches $5,720/yr on $61,294 cash to close. Return on cash invested measures 29.24% in year one, and rental yield registers 10.53% at a $184,900 basis. Equity gained on principal adds $1,193/yr, and annual property appreciation at 5% supports $51,084 by year five. Five-year ROI tracks 152.91% and total cumulative return in cash totals $93,727. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,622/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70653, Merryville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,014 (66.1%) |
| Renter Occupied HU | 243 (15.8%) |
| Vacant Housing Units | 277 (18.1%) |
| Median Home Value | $117,446 |
| Average Home Value | $172,431 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Courtney Thompson • Exit Real Estate Consultants
Mls Name: Greater Fort Polk Area Realtors
Mls ID: #26-5152