1187 Bel Fire Tower RdReevesLA70658
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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 Reeves at 1187 Bel Fire Tower Rd, Reeves, LA, 70658 earns from $1,517/mo rent with a $1,272/mo payment. Total monthly income totals $1,517/mo. ROI tracks 18.62% on current figures, and rental yield reads 7% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 95.96% and total cumulative return in cash sums $82,678. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,517/mo property income instead of your personal income.
Single Family
Built in 2018
2.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70658, Reeves, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 386 (70.6%) |
| Renter Occupied HU | 55 (10.1%) |
| Vacant Housing Units | 106 (19.4%) |
| Median Home Value | $126,754 |
| Average Home Value | $163,938 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
13
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