1020 Machen DrSpringhillLA71075
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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 Springhill at 1020 Machen Dr, Springhill, LA, 71075 with 5% annual appreciation on a $165,000 basis while $1,556/mo rent supports operations. Total monthly income totals $1,556/mo and a $808/mo payment preserves $534/mo for cash returns. Annual cash flow comes to $6,402/yr on $54,698 deployed, and return on cash invested reaches 31.61% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 11.32%. Five-year ROI measures 165.66% and total cumulative return in cash totals $90,611.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,556/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71075, Springhill, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 1,650 (52.5%) |
| Renter Occupied HU | 916 (29.1%) |
| Vacant Housing Units | 577 (18.4%) |
| Median Home Value | $109,223 |
| Average Home Value | $137,655 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,638
Multi-Family
214
Businesses
356
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Listed by: Joshua Hanson • LARK Realty
Mls Name: NTREIS
Mls ID: #20925663
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.