512 Bragg StPinevilleLA71360
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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 Pineville at 512 Bragg St, Pineville, LA, 71360 offers $1,220/mo rent that, after a $538/mo payment, leaves $539/mo cash flow. Total monthly income is $1,220/mo, and annual cash flow is $6,470/yr on $36,432 cash. Return on cash invested measures 37.67% in year one, and rental yield stands at 13.32% at a $109,900 entry. Equity gained on principal adds $709/yr while 5% annual appreciation compounds into $30,363 by year five. Five-year ROI records 198.23% and total cumulative return in cash reaches $72,220. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,220/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
10,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71360, Pineville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,482 (100%) |
| Owner Occupied HU | 9,390 (60.7%) |
| Renter Occupied HU | 4,548 (29.4%) |
| Vacant Housing Units | 1,544 ( 10.0%) |
| Median Home Value | $226,141 |
| Average Home Value | $251,941 |
Housing Distribution
Address Breakdown
Residential
15,005
Single Family
13,872
Multi-Family
1,133
Businesses
862
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Listed by: Marilyn Edwards • LOUISIANA LAGNIAPPE REALTY, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2515753
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.