829 Stonewall Preston RdStonewallLA71078
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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 Stonewall at 829 Stonewall Preston Rd, Stonewall, LA, 71078 priced at $219,900 converts $1,645/mo rent into $283/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,645/mo, and annual cash flow totals $3,398/yr on $72,897 invested. Return on cash invested prints 24.57% in year one, and rental yield reads 8.98% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 127.91% and total cumulative return in cash sums $93,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,645/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Manufactured
Built in 1993
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71078, Stonewall, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,141 (100%) |
| Owner Occupied HU | 2,511 (79.9%) |
| Renter Occupied HU | 391 (12.4%) |
| Vacant Housing Units | 239 ( 7.6%) |
| Median Home Value | $292,277 |
| Average Home Value | $279,868 |
Housing Distribution
Address Breakdown
Residential
2,927
Single Family
2,927
Multi-Family
0
Businesses
178
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Listed by: David Kitterlin • Century 21 United
Mls Name: NTREIS
Mls ID: #20984594
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.