500 Richardson RdStonewallLA71078
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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
Rental property for sale in Stonewall at 500 Richardson Rd, Stonewall, LA, 71078 offers $1,756/mo rent that, after a $978/mo payment, leaves $518/mo cash flow. Total monthly income is $1,756/mo, and annual cash flow is $6,218/yr on $66,267 cash. Return on cash invested measures 29.29% in year one, and rental yield stands at 10.54% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 153.22% and total cumulative return in cash reaches $101,533. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,756/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
1.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71078, Stonewall, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,511 (79.9%) |
| Renter Occupied HU | 391 (12.4%) |
| Vacant Housing Units | 239 ( 7.6%) |
| Median Home Value | $292,277 |
| Average Home Value | $279,868 |
Housing Distribution
Address Breakdown
Residential
2,927
Single Family
2,927
Multi-Family
0
Businesses
178
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Listed by: Michelle Russell • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20872862
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.