507 N Goodwill StGoldonnaLA71031
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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 Goldonna at 507 N Goodwill St, Goldonna, LA, 71031 at $180,000 posts ROI 25% with $253/mo cash flow from $1,368/mo rent. Total monthly income equals $1,368/mo, and annual cash flow records $3,036/yr on $59,670 to close. Return on cash invested measures 25% and rental yield reads 9.12% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 130.12% and total cumulative return in cash totals $77,645.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,368/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71031, Goldonna, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 350 (60.7%) |
| Renter Occupied HU | 54 ( 9.4%) |
| Vacant Housing Units | 173 (30.0%) |
| Median Home Value | $85,641 |
| Average Home Value | $130,921 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
25
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