745 Grey 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 745 Grey Heron Ln, Madisonville, LA, 70447 offers $4,153/mo rent that, after a $2,789/mo payment, leaves $623/mo cash flow. Total monthly income is $4,153/mo, and annual cash flow is $7,478/yr on $187,497 cash. Return on cash invested measures 24.05% in year one, and rental yield stands at 8.74% at a $569,900 entry. Equity gained on principal adds $3,677/yr while 5% annual appreciation compounds into $157,453 by year five. Five-year ROI records 125.04% and total cumulative return in cash reaches $234,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,153/mo property income versus a $2,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
N/A 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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Nearby investment properties with comparable prices
Listed by: Christine Westenberger • Fine Southern Properties, LLC
Mls Name: GSREIN
Mls ID: #2536137