494 Goodeaux RdLongvilleLA70652
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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 Longville at 494 Goodeaux Rd, Longville, LA, 70652 offers a 9.78% rental yield on a $156,000 purchase with $1,271/mo rent. Total monthly income registers $1,271/mo, and a $764/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,513/yr on $51,714 to close, and return on cash invested stands at 26.7% in year one. Equity gained on principal adds $1,007/yr while 5% annual appreciation supports $43,100 over five years. Portfolio math shows five-year ROI at 139.4% and total cumulative return in cash at $72,090. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,271/mo property income against a $764/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70652, Longville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,169 (100%) |
| Owner Occupied HU | 896 (76.6%) |
| Renter Occupied HU | 132 (11.3%) |
| Vacant Housing Units | 141 (12.1%) |
| Median Home Value | $230,795 |
| Average Home Value | $305,073 |
Housing Distribution
Address Breakdown
Residential
1,083
Single Family
1,083
Multi-Family
0
Businesses
37
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Listed by: Tyler R Polk • eXp Realty, LLC
Mls Name: SWLAR
Mls ID: #SWL25101082
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.