1511 Bel Fire Tower RdReevesLA70658
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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 Reeves at 1511 Bel Fire Tower Rd, Reeves, LA, 70658 listed at $630,000 pairs $2,693/mo rent with a $3,084/mo payment. Total monthly income runs $2,693/mo. Return on cash invested measures 13.05% in year one, and rental yield registers 5.13% at a $630,000 basis. Equity gained on principal adds $4,065/yr, and annual property appreciation at 5% supports $174,057 by year five. Five-year ROI tracks 66.05% and total cumulative return in cash totals $136,906. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,693/mo property income relative to a $3,084/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70658, Reeves, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 386 (70.6%) |
| Renter Occupied HU | 55 (10.1%) |
| Vacant Housing Units | 106 (19.4%) |
| Median Home Value | $126,754 |
| Average Home Value | $163,938 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
13
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Listed by: Lyndsie Blanchard • The Real Estate Brokerage
Mls Name: Greater Southern MLS
Mls ID: #SWL24000862
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.