1997 Highway 558SpearsvilleLA71277
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
Investment Highlights
Investment property for sale in Spearsville at 1997 Highway 558, Spearsville, LA, 71277 listed at $110,000 pairs $846/mo rent with a $538/mo payment to leave $165/mo cash flow. Total monthly income runs $846/mo, and annual cash flow reaches $1,980/yr on $36,465 cash to close. Return on cash invested measures 25.34% in year one, and rental yield registers 9.23% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 131.96% and total cumulative return in cash totals $48,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $846/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
3 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janice Long • Jan's Realty
Mls Name: CARMLS
Mls ID: #25029203