809 Cline StMindenLA71055
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Minden at 809 Cline St, Minden, LA, 71055 priced at $157,500 pairs $1,218/mo rent with $242/mo cash flow after a $771/mo payment. Total monthly income equals $1,218/mo, and annual cash flow comes to $2,907/yr on $52,211 invested. Return on cash invested is 25.48% in year one, and rental yield stands at 9.28% on a $157,500 basis. Equity gained on principal adds $1,016/yr, and 5% annual appreciation accumulates to $43,514 by year five. Five-year ROI measures 132.79% and total cumulative return in cash reaches $69,333. For financing, Ziffy Mortgage’s DSCR program evaluates $1,218/mo property income against a $771/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
10,672 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: Catherine Hunt • LA State Realty, LLC
Mls Name: NTREIS
Mls ID: #20928012
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.