638 Lesa LnStonewallLA71078
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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 Stonewall at 638 Lesa Ln, Stonewall, LA, 71078 generates $1,067/mo in rent and, after a $661/mo payment, leaves $231/mo in cash flow. Total monthly income is $1,067/mo, and annual cash flow is $2,766/yr on $44,753 invested. Return on cash invested sits at 26.09% in year one, and rental yield is 9.48% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 136.03% and total cumulative return in cash sums $60,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,067/mo property income rather than buyer’s personal income.
Manufactured
Built in 2002
2.64 Acres 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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Listed by: Rodney Yoakum • Call It Closed International, Inc.
Mls Name: NTREIS
Mls ID: #21033665
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.