108 Pecan Grove RdSimmesportLA71369
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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 Simmesport at 108 Pecan Grove Rd, Simmesport, LA, 71369 listed at $295,000 pairs $2,026/mo rent with a $1,444/mo payment to leave $199/mo cash flow. Total monthly income runs $2,026/mo, and annual cash flow reaches $2,382/yr on $97,793 cash to close. Return on cash invested measures 22.34% in year one, and rental yield registers 8.24% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 115.93% and total cumulative return in cash totals $113,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,026/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71369, Simmesport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,175 (100%) |
| Owner Occupied HU | 680 (57.9%) |
| Renter Occupied HU | 315 (26.8%) |
| Vacant Housing Units | 180 (15.3%) |
| Median Home Value | $113,014 |
| Average Home Value | $168,949 |
Housing Distribution
Address Breakdown
Residential
544
Single Family
544
Multi-Family
0
Businesses
60
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Listed by: BRIGITTE JOFFRION • EXP REALTY, LLC
Mls Name: GCLRA
Mls Provider:
Mls ID: #2462346
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.