1350 College RdEuniceLA70535
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 Eunice at 1350 College Rd, Eunice, LA, 70535 generates $1,639/mo in rent and, after a $1,285/mo payment, leaves $13/mo in cash flow. Total monthly income is $1,639/mo, and annual cash flow is $153/yr on $87,019 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 7.49% on a $262,500 entry. Equity gained on principal adds $1,694/yr, while 5% annual appreciation builds toward $72,524 over five years. Five-year ROI reaches 103.8% and total cumulative return in cash sums $90,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,639/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,969 sqft 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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