6343 Highway 129, Monterey, LA, 71354 | 3.84% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monterey at 6343 Highway 129, Monterey, LA, 71354 offers a 3.84% rental yield on a $595,000 purchase with $1,903/mo rent. 13% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 45.05% and total cumulative return in cash at $88,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,903/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

3.50 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71354, Monterey, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	892 (100%)
Owner Occupied HU	498 (55.8%)
Renter Occupied HU	70 ( 7.8%)
Vacant Housing Units	324 (36.3%)
Median Home Value	$166,923
Average Home Value	$193,002