12941 Highway 113ReevesLA70658
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow12941 Highway 113, Reeves, LA, 70658 in Reeves is a solid income-producing rental, 11.58% gross yield, $1,322/mo rent, $474/mo net cash flow on a $137,000 buy. DSCR 2.15 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $37,851 and $1,262/yr in principal reduction project a total cumulative return of $82,415.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $474 | $250 |
City averages based on Reeves market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,322 |
| Total Monthly Debt Service | $794 |
| DSCR Ratio | 1.66x |
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.
Manufactured
Built in 2021
5.10 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
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
Manufactured
Built in 2021
5.10 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices