511 Lakeshore DrMindenLA71055
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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 Minden at 511 Lakeshore Dr, Minden, LA, 71055 generates $1,129/mo in rent and, after a $646/mo payment, leaves $312/mo in cash flow. Total monthly income is $1,129/mo, and annual cash flow is $3,738/yr on $43,725 invested. Return on cash invested sits at 28.46% in year one, and rental yield is 10.27% on a $131,900 entry. Equity gained on principal adds $851/yr, while 5% annual appreciation builds toward $36,442 over five years. Five-year ROI reaches 148.77% and total cumulative return in cash sums $65,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,129/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71055, Minden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,873 (100%) |
| Owner Occupied HU | 5,204 (58.6%) |
| Renter Occupied HU | 2,517 (28.4%) |
| Vacant Housing Units | 1,152 (13.0%) |
| Median Home Value | $129,704 |
| Average Home Value | $170,659 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
7,931
Multi-Family
472
Businesses
746
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Listed by: Christy Branch • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20871391
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.