1010 Robert DrSaint MartinvilleLA70582
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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 Saint Martinville at 1010 Robert Dr, Saint Martinville, LA, 70582 generates $1,261/mo in rent and, after a $783/mo payment, leaves $270/mo in cash flow. Total monthly income is $1,261/mo, and annual cash flow is $3,242/yr on $53,007 invested. Return on cash invested sits at 26.02% in year one, and rental yield is 9.46% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 135.73% and total cumulative return in cash sums $71,946. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,261/mo property income rather than buyer’s personal income.
Manufactured
Built in 2017
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70582, Saint Martinville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,657 (100%) |
| Owner Occupied HU | 5,743 (66.3%) |
| Renter Occupied HU | 1,694 (19.6%) |
| Vacant Housing Units | 1,220 (14.1%) |
| Median Home Value | $163,390 |
| Average Home Value | $186,978 |
Housing Distribution
Address Breakdown
Residential
7,825
Single Family
7,703
Multi-Family
122
Businesses
398
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Listed by: Brandi C McKnight • RE/MAX Acadiana
Mls Name: RAA
Mls ID: #2500005625