500 Pelican Ridge DrMadisonvilleLA70447
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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 Madisonville at 500 Pelican Ridge Dr, Madisonville, LA, 70447 at $856,000 posts ROI 16.04% with from $4,400/mo rent. Total monthly income equals $4,400/mo. Return on cash invested measures 16.04% and rental yield reads 6.17% at the current $856,000. Equity gained on principal adds $5,524/yr, and 5% annual appreciation supports $236,497 by year five. Five-year ROI prints 82.11% and total cumulative return in cash totals $231,237. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
1.40 Acres lot
$N/A/sqft
$125 quarterly 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: Carol Upton-Sieverding • LATTER & BLUM (LATT15)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496244
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.