623 Night Heron LnMadisonvilleLA70447
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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
Rental property for sale in Madisonville at 623 Night Heron Ln, Madisonville, LA, 70447 priced at $473,990 pairs $3,240/mo rent with $304/mo cash flow after a $2,320/mo payment. Total monthly income equals $3,240/mo, and annual cash flow comes to $3,646/yr on $157,128 invested. Return on cash invested is 22.23% in year one, and rental yield stands at 8.2% on a $473,990 basis. Equity gained on principal adds $3,059/yr, and 5% annual appreciation accumulates to $130,955 by year five. Five-year ROI measures 115.28% and total cumulative return in cash reaches $181,142. For financing, Ziffy Mortgage’s DSCR program evaluates $3,240/mo property income against a $2,320/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70447, Madisonville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,832 (100%) |
| Owner Occupied HU | 5,928 (86.8%) |
| Renter Occupied HU | 511 ( 7.5%) |
| Vacant Housing Units | 393 ( 5.8%) |
| Median Home Value | $400,856 |
| Average Home Value | $449,623 |
Housing Distribution
Address Breakdown
Residential
6,549
Single Family
6,442
Multi-Family
107
Businesses
430
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Listed by: Carlos Alvarez • RE/MAX Total
Mls Name: ROAM MLS
Mls ID: #2025011045