1957 Spring DrHaynesvilleLA71038
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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 Haynesville at 1957 Spring Dr, Haynesville, LA, 71038 offers $1,494/mo rent that, after a $1,664/mo payment. Total monthly income is $1,494/mo. Return on cash invested measures 13.39% in year one, and rental yield stands at 5.27% at a $340,000 entry. Equity gained on principal adds $2,194/yr while 5% annual appreciation compounds into $93,936 by year five. Five-year ROI records 67.88% and total cumulative return in cash reaches $76,506. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,494/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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Listed by: Stefanie Eades • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21003711
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.