105 Spanish Moss LnEvangelineLA70537
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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 105 Spanish Moss Ln, Evangeline, LA, 70537 offers a 10.63% rental yield on a $175,000 purchase with $1,550/mo rent. Total monthly income registers $1,550/mo, and a $857/mo payment leaves $466/mo available for distribution. Annual cash flow reaches $5,586/yr on $58,013 to close, and return on cash invested stands at 29.54% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 154.53% and total cumulative return in cash at $89,647. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,550/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.44 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: CANDACE CONNER • eXp Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL24006301