502 Wadsworth AveCheneyvilleLA71325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 502 Wadsworth Ave, Cheneyville, LA, 71325 at $159,000 posts ROI 37.99% with $794/mo cash flow from $1,779/mo rent. Total monthly income equals $1,779/mo, and annual cash flow records $9,532/yr on $52,709 to close. Return on cash invested measures 37.99% and rental yield reads 13.43% at the current $159,000. Equity gained on principal adds $1,026/yr, and 5% annual appreciation supports $43,929 by year five. Five-year ROI prints 199.87% and total cumulative return in cash totals $105,348.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,779/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
0.44 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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Nearby investment properties with comparable prices
Listed by: Kyle Cullen-Nevils • Courville Realty
Mls Name: GCLRA
Mls ID: #2511026