215 David AveReevesLA70658
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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 Reeves at 215 David Ave, Reeves, LA, 70658 priced at $154,500 pairs $1,224/mo rent with $267/mo cash flow after a $756/mo payment. Total monthly income equals $1,224/mo, and annual cash flow comes to $3,206/yr on $51,217 invested. Return on cash invested is 26.17% in year one, and rental yield stands at 9.51% on a $154,500 basis. Equity gained on principal adds $997/yr, and 5% annual appreciation accumulates to $42,686 by year five. Five-year ROI measures 136.51% and total cumulative return in cash reaches $69,915. For financing, Ziffy Mortgage’s DSCR program evaluates $1,224/mo property income against a $756/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70658, Reeves, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 386 (70.6%) |
| Renter Occupied HU | 55 (10.1%) |
| Vacant Housing Units | 106 (19.4%) |
| Median Home Value | $126,754 |
| Average Home Value | $163,938 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
13
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