17921 State Highway 331ErathLA70533
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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 Erath at 17921 State Highway 331, Erath, LA, 70533 uses $33,150 cash to close to unlock $1,596/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $752/mo, and a $489/mo payment keeps the spread at $133/mo. Purchase price stands at $100,000, and rental yield measures 9.02% with $752/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 128.66% and total cumulative return in cash records $42,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $752/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.56 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 |
Housing Distribution
Address Breakdown
Residential
2,859
Single Family
2,859
Multi-Family
0
Businesses
130
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