156 Mack LnSpearsvilleLA71277
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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
Rental property for sale in Spearsville at 156 Mack Ln, Spearsville, LA, 71277 generates $903/mo in rent and, after a $582/mo payment, leaves $166/mo in cash flow. Total monthly income is $903/mo, and annual cash flow is $1,997/yr on $39,415 invested. Return on cash invested sits at 24.98% in year one, and rental yield is 9.11% on a $118,900 entry. Equity gained on principal adds $767/yr, while 5% annual appreciation builds toward $32,850 over five years. Five-year ROI reaches 130.09% and total cumulative return in cash sums $51,274. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $903/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71277, Spearsville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 797 (100%) |
| Owner Occupied HU | 555 (69.6%) |
| Renter Occupied HU | 111 (13.9%) |
| Vacant Housing Units | 131 (16.4%) |
| Median Home Value | $129,500 |
| Average Home Value | $183,671 |
Housing Distribution
Address Breakdown
Residential
764
Single Family
764
Multi-Family
0
Businesses
32
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Listed by: Kelly Johnson • Keller Williams Parishwide Partners
Mls Name: NELAR
Mls ID: #217824