2002 Yuma DrErathLA70533
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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 2002 Yuma Dr, Erath, LA, 70533 uses $64,145 cash to close to unlock $605/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $1,249/mo, and a $947/mo payment keeps the spread at $50/mo. Purchase price stands at $193,500, and rental yield measures 7.75% with $1,249/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $53,460 over five years. Five-year ROI reaches 107.95% and total cumulative return in cash records $69,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,249/mo property income covering a $947/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
N/A 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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Listed by: Ashley Lombas • Keaty Real Estate Team
Mls Name: RAA
Mls Provider:
Mls ID: #24009315
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST