1405 Basile Eunice HwyBasileLA70515
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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
Rental property for sale in Basile at 1405 Basile Eunice Hwy, Basile, LA, 70515 generates $1,525/mo in rent and, after a $951/mo payment, leaves $321/mo in cash flow. Total monthly income is $1,525/mo, and annual cash flow is $3,858/yr on $64,394 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 9.42% on a $194,250 entry. Equity gained on principal adds $1,253/yr, while 5% annual appreciation builds toward $53,668 over five years. Five-year ROI reaches 135.02% and total cumulative return in cash sums $86,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,525/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70515, Basile, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,418 (100%) |
| Owner Occupied HU | 894 (63.0%) |
| Renter Occupied HU | 307 (21.7%) |
| Vacant Housing Units | 217 (15.3%) |
| Median Home Value | $151,282 |
| Average Home Value | $194,206 |
Housing Distribution
Address Breakdown
Residential
1,244
Single Family
1,232
Multi-Family
12
Businesses
70
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