254 Ashworth RdSingerLA70660
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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 Singer at 254 Ashworth Rd, Singer, LA, 70660 offers $1,522/mo rent that, after a $1,757/mo payment. Total monthly income is $1,522/mo. Return on cash invested measures 12.83% in year one, and rental yield stands at 5.09% at a $359,000 entry. Equity gained on principal adds $2,317/yr while 5% annual appreciation compounds into $99,185 by year five. Five-year ROI records 64.92% and total cumulative return in cash reaches $77,263. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,522/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70660, Singer, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 586 (76.0%) |
| Renter Occupied HU | 90 (11.7%) |
| Vacant Housing Units | 95 (12.3%) |
| Median Home Value | $319,027 |
| Average Home Value | $283,294 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
23
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Listed by: Malik Manuel • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL24006901
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.