520 Boothe RdHarrisonburgLA71340
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 520 Boothe Rd, Harrisonburg, LA, 71340 in Harrisonburg the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $119,500 price is below income-first thresholds, but 5%/yr value growth projects $33,016 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.5% |
| Monthly Cash Flow | $0 | $550 |
City averages based on Harrisonburg market data in our database. Property projections are estimates.
Manufactured
Built in 2012
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71340, Harrisonburg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 380 (62.5%) |
| Renter Occupied HU | 88 (14.5%) |
| Vacant Housing Units | 140 (23.0%) |
| Median Home Value | $100,893 |
| Average Home Value | $129,138 |
Housing Distribution
Address Breakdown
Residential
264
Single Family
239
Multi-Family
25
Businesses
54
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Manufactured
Built in 2012
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71340, Harrisonburg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 608 (100%) |
| Owner Occupied HU | 380 (62.5%) |
| Renter Occupied HU | 88 (14.5%) |
| Vacant Housing Units | 140 (23.0%) |
| Median Home Value | $100,893 |
| Average Home Value | $129,138 |
Housing Distribution
Address Breakdown
Residential
264
Single Family
239
Multi-Family
25
Businesses
54
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Hunter Frey • Delta Land & Real Estate LLC
Mls Name: My State MLS
Mls ID: #11654066