220 Spencer DrPinevilleLA71360
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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 Pineville at 220 Spencer Dr, Pineville, LA, 71360 earns $257/mo cash flow from $1,341/mo rent with a $857/mo payment. Total monthly income totals $1,341/mo, and annual cash flow totals $3,078/yr on $58,013 capital. ROI tracks 25.21% on current figures, and rental yield reads 9.2% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 131.36% and total cumulative return in cash sums $76,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,341/mo property income instead of your personal income.
Single Family
Built in 1980
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71360, Pineville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,482 (100%) |
| Owner Occupied HU | 9,390 (60.7%) |
| Renter Occupied HU | 4,548 (29.4%) |
| Vacant Housing Units | 1,544 ( 10.0%) |
| Median Home Value | $226,141 |
| Average Home Value | $251,941 |
Housing Distribution
Address Breakdown
Residential
15,005
Single Family
13,872
Multi-Family
1,133
Businesses
862
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Listed by: HEATHER WALKER • REALTY EXPERTS, INC.
Mls Name: GCLRA
Mls Provider:
Mls ID: #2495407
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.