220 Summit AveSulphurLA70665
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sulphur at 220 Summit Ave, Sulphur, LA, 70665 priced at $217,714 converts $1,170/mo rent into after a $1,066/mo obligation. Total monthly income equals $1,170/mo. Return on cash invested prints 16.93% in year one, and rental yield reads 6.45% against a $217,714 entry. Equity gained on principal adds $1,405/yr, while 5% annual appreciation compiles into $60,150 by year five. Five-year ROI reaches 86.88% and total cumulative return in cash sums $62,701. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,170/mo property income covering a $1,066/mo payment, not borrower’s personal income.
Single Family
Built in 2025
5,488 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70665, Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,500 (100%) |
| Owner Occupied HU | 3,923 (71.3%) |
| Renter Occupied HU | 895 (16.3%) |
| Vacant Housing Units | 682 (12.4%) |
| Median Home Value | $274,904 |
| Average Home Value | $298,732 |
Housing Distribution
Address Breakdown
Residential
5,367
Single Family
4,803
Multi-Family
564
Businesses
310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices