15736 Saint Elmo Rd, Erath, LA, 70533 | 5.89% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Erath at 15736 Saint Elmo Rd, Erath, LA, 70533 generates $932/mo in rent, after a $930/mo payment. Total monthly income is $932/mo. Return on cash invested sits at 15.24% in year one, and rental yield is 5.89% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 77.79% and total cumulative return in cash sums $48,996. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $932/mo property income rather than buyer’s personal income.

Manufactured

Built in N/A

1.55 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70533, Erath, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,218 (100%)
Owner Occupied HU	2,260 (70.2%)
Renter Occupied HU	572 (17.8%)
Vacant Housing Units	386 (12.0%)
Median Home Value	$182,724
Average Home Value	$195,202