501 Highway 1241ColfaxLA71417








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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 Colfax at 501 Highway 1241, Colfax, LA, 71417 earns $49/mo cash flow from $1,279/mo rent with a $972/mo payment. Total monthly income totals $1,279/mo, and annual cash flow totals $587/yr on $65,803 capital. ROI tracks 20.8% on current figures, and rental yield reads 7.73% at a $198,500 purchase. Equity gained on principal adds $1,281/yr, and 5% annual appreciation supports $54,842 over five years. Five-year ROI reaches 107.64% and total cumulative return in cash sums $70,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,279/mo property income instead of your personal income.
Single Family
Built in 2010
3.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71417, Colfax, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,192 (100%) |
| Owner Occupied HU | 1,450 (66.1%) |
| Renter Occupied HU | 424 (19.3%) |
| Vacant Housing Units | 318 (14.5%) |
| Median Home Value | $125,472 |
| Average Home Value | $185,074 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,214
Multi-Family
0
Businesses
141
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