1957 Spring DrHaynesvilleLA71038
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 1957 Spring Dr, Haynesville, LA, 71038 in Haynesville offers a clean, manageable entry. Rental yield 6.08%. DSCR 1.13 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $81,503 in additional property value over five years, with $2,717/yr in principal equity building ownership stake. Total projected cumulative return: $90,390.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.2% |
| Monthly Cash Flow | $(333) | $450 |
City averages based on Haynesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,494 |
| Total Monthly Debt Service | $1,710 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1921
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71038, Haynesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,004 (58.8%) |
| Renter Occupied HU | 446 (26.1%) |
| Vacant Housing Units | 258 (15.1%) |
| Median Home Value | $84,381 |
| Average Home Value | $108,419 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,617
Multi-Family
119
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1921
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71038, Haynesville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,004 (58.8%) |
| Renter Occupied HU | 446 (26.1%) |
| Vacant Housing Units | 258 (15.1%) |
| Median Home Value | $84,381 |
| Average Home Value | $108,419 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,617
Multi-Family
119
Businesses
159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stefanie Eades • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21159899