541 W 3rd StIndependenceLA70443
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Independence at 541 W 3rd St, Independence, LA, 70443 listed at $165,000 pairs $1,615/mo rent with a $808/mo payment to leave $593/mo cash flow. Total monthly income runs $1,615/mo, and annual cash flow reaches $7,110/yr on $54,698 cash to close. Return on cash invested measures 32.91% in year one, and rental yield registers 11.75% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 172.61% and total cumulative return in cash totals $94,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,615/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70443, Independence, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,058 (100%) |
| Owner Occupied HU | 3,407 (67.4%) |
| Renter Occupied HU | 1,040 (20.6%) |
| Vacant Housing Units | 611 (12.1%) |
| Median Home Value | $207,500 |
| Average Home Value | $238,147 |
Housing Distribution
Address Breakdown
Residential
3,869
Single Family
3,869
Multi-Family
0
Businesses
123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Trosclair • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2496049
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.