1402 N Acres CirSpringhillLA71075
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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 Springhill at 1402 N Acres Cir, Springhill, LA, 71075 uses $86,190 cash to close to unlock $6,348/yr annual cash flow and $529/mo monthly cash flow. Total monthly income runs $2,140/mo, and a $1,273/mo payment keeps the spread at $529/mo. Purchase price stands at $259,999, and rental yield measures 9.88% with $2,140/mo rent. Return on cash invested shows 27.27% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 142.34% and total cumulative return in cash records $122,681. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,140/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71075, Springhill, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 1,650 (52.5%) |
| Renter Occupied HU | 916 (29.1%) |
| Vacant Housing Units | 577 (18.4%) |
| Median Home Value | $109,223 |
| Average Home Value | $137,655 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,638
Multi-Family
214
Businesses
356
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Listed by: Hayley Hanson • Sterling & Southern Real Estate Co. LLC
Mls Name: NTREIS
Mls ID: #21023818