501 & 503 S Lexington AveBunkieLA71322
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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 Bunkie at 501 & 503 S Lexington Ave, Bunkie, LA, 71322 offers a 9.2% rental yield on a $135,000 purchase with $1,035/mo rent. Total monthly income registers $1,035/mo, and a $661/mo payment leaves $199/mo available for distribution. Annual cash flow reaches $2,382/yr on $44,753 to close, and return on cash invested stands at 25.23% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 131.47% and total cumulative return in cash at $58,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,035/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71322, Bunkie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,040 (100%) |
| Owner Occupied HU | 1,556 (51.2%) |
| Renter Occupied HU | 832 (27.4%) |
| Vacant Housing Units | 652 (21.4%) |
| Median Home Value | $125,368 |
| Average Home Value | $211,568 |
Housing Distribution
Address Breakdown
Residential
2,272
Single Family
2,220
Multi-Family
52
Businesses
219
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