105 Spanish Moss LnEvangelineLA70537
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 105 Spanish Moss Ln, Evangeline, LA, 70537 in Evangeline is straightforward: $175,000 in, $1,550/mo in rent, $463/mo out after debt service. The 10.63% gross yield and 1.97 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $48,349 by year five. With $1,612/yr in principal equity, the total cumulative return is projected at $96,369.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 7.0% |
| Monthly Cash Flow | $463 | $900 |
City averages based on Evangeline market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,550 |
| Total Monthly Debt Service | $1,014 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CANDACE CONNER • eXp Realty, LLC
Mls Name: Greater Southern MLS
Mls ID: #SWL24006301