11858 Springfield RdDenham SpringsLA70706
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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 Denham Springs at 11858 Springfield Rd, Denham Springs, LA, 70706 offers a 9.48% rental yield on a $127,500 purchase with $1,007/mo rent. Total monthly income registers $1,007/mo, and a $624/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,607/yr on $42,266 to close, and return on cash invested stands at 26.08% in year one. Equity gained on principal adds $823/yr while 5% annual appreciation supports $35,226 over five years. Portfolio math shows five-year ROI at 136.02% and total cumulative return in cash at $57,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,007/mo property income against a $624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2002
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70706, Denham Springs, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,216 (100%) |
| Owner Occupied HU | 7,741 (84.0%) |
| Renter Occupied HU | 1,034 (11.2%) |
| Vacant Housing Units | 441 ( 4.8%) |
| Median Home Value | $258,902 |
| Average Home Value | $300,879 |
Housing Distribution
Address Breakdown
Residential
8,967
Single Family
8,926
Multi-Family
41
Businesses
200
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Listed by: Venice Nesom • Lewis Companies
Mls Name: ROAM MLS
Mls ID: #2025009648