230 Fire Tower Rd, Spearsville, LA, 71277 | 6.62% Rental Yield

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

Total monthly income runs $990/mo, and a $879/mo payment. Purchase price stands at $179,500, and rental yield measures 6.62% with $990/mo rent. Return on cash invested shows 17.44% in year one, and 5% annual appreciation builds toward $49,593 over five years. Five-year ROI reaches 89.67% and total cumulative return in cash records $53,356. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $879/mo payment rather than investor’s personal income.

Single Family

Built in 1968

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71277, Spearsville, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	797 (100%)
Owner Occupied HU	555 (69.6%)
Renter Occupied HU	111 (13.9%)
Vacant Housing Units	131 (16.4%)
Median Home Value	$129,500
Average Home Value	$183,671