141 Spanish Moss LnEvangelineLA70537
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Evangeline rental at 141 Spanish Moss Ln, Evangeline, LA, 70537 sits in the solid-income band: 11.42% gross yield, $1,189/mo rent, $415/mo net after the $562/mo debt service, DSCR 2.12. Entry price of $125,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $34,535 and $1,151/yr in principal reduction bring total cumulative return to $74,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 7.0% |
| Monthly Cash Flow | $415 | $900 |
City averages based on Evangeline market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,189 |
| Total Monthly Debt Service | $725 |
| DSCR Ratio | 1.64x |
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.
Single Family
Built in 1970
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70537, Evangeline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 289 (100%) |
| Owner Occupied HU | 240 (83.0%) |
| Renter Occupied HU | 22 ( 7.6%) |
| Vacant Housing Units | 27 ( 9.3%) |
| Median Home Value | $201,000 |
| Average Home Value | $212,208 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
20
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
Single Family
Built in 1970
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70537, Evangeline, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 289 (100%) |
| Owner Occupied HU | 240 (83.0%) |
| Renter Occupied HU | 22 ( 7.6%) |
| Vacant Housing Units | 27 ( 9.3%) |
| Median Home Value | $201,000 |
| Average Home Value | $212,208 |
Housing Distribution
Address Breakdown
Residential
222
Single Family
222
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CANDACE H CONNER • eXp Realty, LLC
Mls Name: SWLAR
Mls ID: #SWL25100505