56 Madison DrNobleLA71462
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 56 Madison Dr, Noble, LA, 71462 in Noble worth study. Rental yield 4.85%. The 4.85% gross yield is below cash-flow benchmarks at $275,000, but 5% annual appreciation, adding $75,977 over five years, frames this as a capital growth position. Rent of $1,112/mo partially offsets the $1,237/mo payment. Ziffy Mortgage finances appreciation-play properties (0.90 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $66,219.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 6.0% |
| Monthly Cash Flow | $(591) | $250 |
City averages based on Noble market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,112 |
| Total Monthly Debt Service | $1,594 |
| DSCR Ratio | 0.70x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2020
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71462, Noble, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,015 (100%) |
| Owner Occupied HU | 583 (57.4%) |
| Renter Occupied HU | 102 (10.0%) |
| Vacant Housing Units | 330 (32.5%) |
| Median Home Value | $109,491 |
| Average Home Value | $175,485 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
695
Multi-Family
5
Businesses
19
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
Manufactured
Built in 2020
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71462, Noble, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,015 (100%) |
| Owner Occupied HU | 583 (57.4%) |
| Renter Occupied HU | 102 (10.0%) |
| Vacant Housing Units | 330 (32.5%) |
| Median Home Value | $109,491 |
| Average Home Value | $175,485 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
695
Multi-Family
5
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey Simmons • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20884941
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.