101 Ben Monic DrEvangelineLA70537
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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 Evangeline at 101 Ben Monic Dr, Evangeline, LA, 70537 earns $397/mo cash flow from $1,940/mo rent with a $1,219/mo payment. Total monthly income totals $1,940/mo, and annual cash flow totals $4,768/yr on $82,544 capital. ROI tracks 25.68% on current figures, and rental yield reads 9.35% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 133.86% and total cumulative return in cash sums $110,492. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,940/mo property income instead of your personal income.
Single Family
Built in N/A
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70537, Evangeline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 289 (100%) |
| Owner Occupied HU | 240 (83.0%) |
| Renter Occupied HU | 22 ( 7.6%) |
| Vacant Housing Units | 27 ( 9.3%) |
| Median Home Value | $201,000 |
| Average Home Value | $212,208 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
20
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Listed by: Lauren Gardiner • Parish Realty Acadiana
Mls Name: RAA
Mls ID: #2500005364