604 E Lincoln RdVille PlatteLA70586
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 Ville Platte at 604 E Lincoln Rd, Ville Platte, LA, 70586 earns $210/mo cash flow from $953/mo rent with a $587/mo payment. Total monthly income totals $953/mo, and annual cash flow totals $2,520/yr on $39,780 capital. ROI tracks 26.24% on current figures, and rental yield reads 9.53% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 136.82% and total cumulative return in cash sums $54,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $953/mo property income instead of your personal income.
Single Family
Built in N/A
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70586, Ville Platte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,614 (100%) |
| Owner Occupied HU | 5,749 (59.8%) |
| Renter Occupied HU | 2,652 (27.6%) |
| Vacant Housing Units | 1,213 (12.6%) |
| Median Home Value | $154,012 |
| Average Home Value | $178,620 |
Housing Distribution
Address Breakdown
Residential
8,427
Single Family
8,052
Multi-Family
375
Businesses
659
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lana Soileau • Real Broker, LLC
Mls Name: RAA
Mls ID: #2500005593