619 Lessie DrStonewallLA71078
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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
Rental property for sale in Stonewall at 619 Lessie Dr, Stonewall, LA, 71078 priced at $280,000 pairs $2,260/mo rent with $526/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,260/mo, and annual cash flow comes to $6,312/yr on $92,820 invested. Return on cash invested is 26.71% in year one, and rental yield stands at 9.69% on a $280,000 basis. Equity gained on principal adds $1,807/yr, and 5% annual appreciation accumulates to $77,359 by year five. Five-year ROI measures 139.3% and total cumulative return in cash reaches $129,297. For financing, Ziffy Mortgage’s DSCR program evaluates $2,260/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
8,677 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71078, Stonewall, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,511 (79.9%) |
| Renter Occupied HU | 391 (12.4%) |
| Vacant Housing Units | 239 ( 7.6%) |
| Median Home Value | $292,277 |
| Average Home Value | $279,868 |
Housing Distribution
Address Breakdown
Residential
2,927
Single Family
2,927
Multi-Family
0
Businesses
178
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