784 Smith RdMerryvilleLA70653
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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 Merryville at 784 Smith Rd, Merryville, LA, 70653 earns from $1,994/mo rent with a $1,591/mo payment. Total monthly income totals $1,994/mo. ROI tracks 19.69% on current figures, and rental yield reads 7.36% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 101.7% and total cumulative return in cash sums $109,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,994/mo property income instead of your personal income.
Single Family
Built in 1981
8.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70653, Merryville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,534 (100%) |
| Owner Occupied HU | 1,014 (66.1%) |
| Renter Occupied HU | 243 (15.8%) |
| Vacant Housing Units | 277 (18.1%) |
| Median Home Value | $117,446 |
| Average Home Value | $172,431 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,200
Multi-Family
0
Businesses
54
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Listed by: Ashley Farris • EXIT Real Estate Consultants
Mls Name: SWLAR
Mls ID: #SWL25102616