501 Wadsworth AveCheneyvilleLA71325
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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 Cheneyville at 501 Wadsworth Ave, Cheneyville, LA, 71325 earns $553/mo cash flow from $1,544/mo rent with a $783/mo payment. Total monthly income totals $1,544/mo, and annual cash flow totals $6,636/yr on $53,040 capital. ROI tracks 32.42% on current figures, and rental yield reads 11.58% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 169.93% and total cumulative return in cash sums $90,134. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,544/mo property income instead of your personal income.
Single Family
Built in N/A
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71325, Cheneyville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 378 (100%) |
| Owner Occupied HU | 242 (64.0%) |
| Renter Occupied HU | 85 (22.5%) |
| Vacant Housing Units | 51 (13.5%) |
| Median Home Value | $172,059 |
| Average Home Value | $168,760 |
Housing Distribution
Address Breakdown
Residential
171
Single Family
156
Multi-Family
15
Businesses
27
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Listed by: Mary Flournoy • LATTER AND BLUM Central Realty LLC
Mls Name: GCLRA
Mls ID: #2533472