142 Legend Creek DrYoungsvilleLA70592
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Youngsville rentals match the income profile of 142 Legend Creek Dr, Youngsville, LA, 70592. Listed at $209,000, gross rent is $2,039/mo and net cash flow is $719/mo, a 11.71% yield well above national averages. DSCR 2.17 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $57,743 by year five with $1,925/yr in annual principal reduction, projecting $125,618 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.2% |
| Monthly Cash Flow | $719 | $1,250 |
City averages based on Youngsville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,039 |
| Total Monthly Debt Service | $1,237 |
| DSCR Ratio | 1.65x |
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 2009
5,662 sqft lot
$N/A/sqft
No HOA
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 2009
5,662 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anna Ward • Reliance Real Estate Group
Mls Name: RAA
Mls Provider:
Mls ID: #24007996
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST