619 Grand Lake RdMarksvilleLA71351
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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
Investment property for sale in Marksville at 619 Grand Lake Rd, Marksville, LA, 71351 offers a 2.5% rental yield on a $375,000 purchase with $780/mo rent. 02% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 23.02% and total cumulative return in cash at $28,611. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71351, Marksville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,335 (100%) |
| Owner Occupied HU | 3,154 (59.1%) |
| Renter Occupied HU | 1,253 (23.5%) |
| Vacant Housing Units | 928 (17.4%) |
| Median Home Value | $164,250 |
| Average Home Value | $197,892 |
Housing Distribution
Address Breakdown
Residential
4,559
Single Family
4,394
Multi-Family
165
Businesses
510
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Listed by: Jamie Ponthier • KELLER WILLIAMS REALTY CENLA PARTNERS
Mls Name: GCLRA
Mls Provider:
Mls ID: #2480291
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.