1421 N Main StSaint MartinvilleLA70582
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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 Saint Martinville at 1421 N Main St, Saint Martinville, LA, 70582 earns $495/mo cash flow from $1,529/mo rent with a $817/mo payment. Total monthly income totals $1,529/mo, and annual cash flow totals $5,939/yr on $55,361 capital. ROI tracks 30.64% on current figures, and rental yield reads 10.99% at a $167,000 purchase. Equity gained on principal adds $1,078/yr, and 5% annual appreciation supports $46,139 over five years. Five-year ROI reaches 160.39% and total cumulative return in cash sums $88,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,529/mo property income instead of your personal income.
Single Family
Built in 1935
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70582, Saint Martinville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,657 (100%) |
| Owner Occupied HU | 5,743 (66.3%) |
| Renter Occupied HU | 1,694 (19.6%) |
| Vacant Housing Units | 1,220 (14.1%) |
| Median Home Value | $163,390 |
| Average Home Value | $186,978 |
Housing Distribution
Address Breakdown
Residential
7,825
Single Family
7,703
Multi-Family
122
Businesses
398
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Listed by: Quincie Privat • EXP Realty, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #25000274
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