650 Booner Miller RdDevilleLA71328
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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 Deville at 650 Booner Miller Rd, Deville, LA, 71328 listed at $289,900 pairs $1,790/mo rent with a $1,419/mo payment. Total monthly income runs $1,790/mo. Return on cash invested measures 19.84% in year one, and rental yield registers 7.41% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 102.5% and total cumulative return in cash totals $98,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,790/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71328, Deville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,655 (100%) |
| Owner Occupied HU | 2,764 (75.6%) |
| Renter Occupied HU | 481 (13.2%) |
| Vacant Housing Units | 410 (11.2%) |
| Median Home Value | $219,033 |
| Average Home Value | $229,980 |
Housing Distribution
Address Breakdown
Residential
3,196
Single Family
3,175
Multi-Family
21
Businesses
55
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