218 Stephanie Dr, Saint Martinville, LA, 70582 | $10/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

Investment property for sale in Saint Martinville at 218 Stephanie Dr, Saint Martinville, LA, 70582 uses $74,256 cash to close to unlock $118/yr annual cash flow and $10/mo monthly cash flow. Total monthly income runs $1,397/mo, and a $1,096/mo payment keeps the spread at $10/mo. Purchase price stands at $224,000, and rental yield measures 7.48% with $1,397/mo rent. Return on cash invested shows 20.07% in year one, and 5% annual appreciation builds toward $61,887 over five years. Five-year ROI reaches 103.71% and total cumulative return in cash records $77,011. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,397/mo property income covering a $1,096/mo payment rather than investor’s personal income.

Single Family

Built in 1982

0.31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70582, Saint Martinville, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,657 (100%)
Owner Occupied HU	5,743 (66.3%)
Renter Occupied HU	1,694 (19.6%)
Vacant Housing Units	1,220 (14.1%)
Median Home Value	$163,390
Average Home Value	$186,978