51 Highway 457LecompteLA71346
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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
Rental property for sale in Lecompte at 51 Highway 457, Lecompte, LA, 71346 generates $797/mo in rent and, after a $538/mo payment, leaves $116/mo in cash flow. Total monthly income is $797/mo, and annual cash flow is $1,392/yr on $36,465 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 8.69% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 123.34% and total cumulative return in cash sums $44,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $797/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71346, Lecompte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 790 (63.8%) |
| Renter Occupied HU | 216 (17.4%) |
| Vacant Housing Units | 232 (18.7%) |
| Median Home Value | $233,186 |
| Average Home Value | $226,396 |
Housing Distribution
Address Breakdown
Residential
767
Single Family
767
Multi-Family
0
Businesses
70
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Listed by: DONAVON REDMON • STEVEN SEALE PROPERTIES, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2506422
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.