117 Pine Harvest LnScottLA70583
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
Investment Highlights
Rental property for sale in Scott at 117 Pine Harvest Ln, Scott, LA, 70583 priced at $234,300 converts $1,440/mo rent into after a $1,147/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 19.25% in year one, and rental yield reads 7.38% against a $234,300 entry. Equity gained on principal adds $1,512/yr, while 5% annual appreciation compiles into $64,733 by year five. Five-year ROI reaches 99.53% and total cumulative return in cash sums $77,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,147/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
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Listed by: Saun Sullivan • Cicero Realty LLC
Mls Name: RAA
Mls Provider:
Mls ID: #25000081
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST