9626 Highway 3Plain DealingLA71064
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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 Plain Dealing at 9626 Highway 3, Plain Dealing, LA, 71064 listed at $135,000 pairs $1,054/mo rent with a $661/mo payment to leave $218/mo cash flow. Total monthly income runs $1,054/mo, and annual cash flow reaches $2,610/yr on $44,753 cash to close. Return on cash invested measures 25.74% in year one, and rental yield registers 9.37% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 134.18% and total cumulative return in cash totals $60,049. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,054/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71064, Plain Dealing, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,893 (100%) |
| Owner Occupied HU | 1,195 (63.1%) |
| Renter Occupied HU | 290 (15.3%) |
| Vacant Housing Units | 408 (21.6%) |
| Median Home Value | $141,477 |
| Average Home Value | $226,900 |
Housing Distribution
Address Breakdown
Residential
1,260
Single Family
1,228
Multi-Family
32
Businesses
81
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Listed by: Michael Salter • Century 21 Elite
Mls Name: NTREIS
Mls ID: #21025157