215 Celeste StAbbevilleLA70510
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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 Abbeville at 215 Celeste St, Abbeville, LA, 70510 priced at $171,000 pairs $1,627/mo rent with $568/mo cash flow after a $837/mo payment. Total monthly income equals $1,627/mo, and annual cash flow comes to $6,812/yr on $56,687 invested. Return on cash invested is 31.93% in year one, and rental yield stands at 11.42% on a $171,000 basis. Equity gained on principal adds $1,103/yr, and 5% annual appreciation accumulates to $47,244 by year five. Five-year ROI measures 167.32% and total cumulative return in cash reaches $94,847. For financing, Ziffy Mortgage’s DSCR program evaluates $1,627/mo property income against a $837/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70510, Abbeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,984 (100%) |
| Owner Occupied HU | 6,473 (58.9%) |
| Renter Occupied HU | 2,914 (26.5%) |
| Vacant Housing Units | 1,597 (14.5%) |
| Median Home Value | $181,574 |
| Average Home Value | $203,856 |
Housing Distribution
Address Breakdown
Residential
10,384
Single Family
9,955
Multi-Family
429
Businesses
752
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