8880 Highway 8LeesvilleLA71446
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
Investment property for sale in Leesville at 8880 Highway 8, Leesville, LA, 71446 uses $65,969 cash to close to unlock $5,644/yr annual cash flow and $470/mo monthly cash flow. Total monthly income runs $1,703/mo, and a $974/mo payment keeps the spread at $470/mo. Purchase price stands at $199,000, and rental yield measures 10.27% with $1,703/mo rent. Return on cash invested shows 28.46% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 148.77% and total cumulative return in cash records $98,142. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,703/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71446, Leesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,611 (100%) |
| Owner Occupied HU | 6,133 (52.8%) |
| Renter Occupied HU | 3,531 (30.4%) |
| Vacant Housing Units | 1,947 (16.8%) |
| Median Home Value | $171,108 |
| Average Home Value | $196,862 |
Housing Distribution
Address Breakdown
Residential
10,377
Single Family
9,748
Multi-Family
629
Businesses
795
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