1511 Main StEltonLA70532
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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 Elton at 1511 Main St, Elton, LA, 70532 with 5% annual appreciation on a $170,000 basis while $1,344/mo rent supports operations. Total monthly income totals $1,344/mo and a $832/mo payment preserves $291/mo for cash returns. Annual cash flow comes to $3,492/yr on $56,355 deployed, and return on cash invested reaches 26.11% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 9.49%. Five-year ROI measures 136.06% and total cumulative return in cash totals $76,677.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,344/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70532, Elton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,270 (100%) |
| Owner Occupied HU | 856 (67.4%) |
| Renter Occupied HU | 183 (14.4%) |
| Vacant Housing Units | 231 (18.2%) |
| Median Home Value | $106,504 |
| Average Home Value | $138,919 |
Housing Distribution
Address Breakdown
Residential
788
Single Family
773
Multi-Family
15
Businesses
60
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