803 Center StMindenLA71055
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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 Minden at 803 Center St, Minden, LA, 71055 at $145,000 posts ROI 25.07% with $207/mo cash flow from $1,110/mo rent. Total monthly income equals $1,110/mo, and annual cash flow records $2,479/yr on $48,068 to close. Return on cash invested measures 25.07% and rental yield reads 9.19% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 130.61% and total cumulative return in cash totals $62,780.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71055, Minden, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,873 (100%) |
| Owner Occupied HU | 5,204 (58.6%) |
| Renter Occupied HU | 2,517 (28.4%) |
| Vacant Housing Units | 1,152 (13.0%) |
| Median Home Value | $129,704 |
| Average Home Value | $170,659 |
Housing Distribution
Address Breakdown
Residential
8,403
Single Family
7,931
Multi-Family
472
Businesses
746
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Listed by: Paige Salas • LA State Realty, LLC
Mls Name: NTREIS
Mls ID: #20937915
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.