130 Norma AveEuniceLA70535
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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 Eunice at 130 Norma Ave, Eunice, LA, 70535 uses $44,753 cash to close to unlock $2,130/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $1,014/mo, and a $661/mo payment keeps the spread at $178/mo. Purchase price stands at $135,000, and rental yield measures 9.01% with $1,014/mo rent. Return on cash invested shows 24.67% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 128.41% and total cumulative return in cash records $57,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,014/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70535, Eunice, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,454 (59.0%) |
| Renter Occupied HU | 2,202 (29.2%) |
| Vacant Housing Units | 896 (11.9%) |
| Median Home Value | $185,659 |
| Average Home Value | $235,602 |
Housing Distribution
Address Breakdown
Residential
7,759
Single Family
7,502
Multi-Family
257
Businesses
782
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