207 Springwater Dr, Broussard, LA, 70518 | $690/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Broussard at 207 Springwater Dr, Broussard, LA, 70518 offers $2,363/mo rent that, after a $1,322/mo payment, leaves $690/mo cash flow. Total monthly income is $2,363/mo, and annual cash flow is $8,280/yr on $89,505 cash. Return on cash invested measures 29.16% in year one, and rental yield stands at 10.5% at a $269,999 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 152.45% and total cumulative return in cash reaches $136,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,363/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2013

6,050 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70518, Broussard, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,416 (100%)
Owner Occupied HU	5,481 (73.9%)
Renter Occupied HU	1,225 (16.5%)
Vacant Housing Units	710 ( 9.6%)
Median Home Value	$283,930
Average Home Value	$307,325