257 Brown Rd, Evans, LA, 70639 | Equity Gain $1,482/yr

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

Rental property for sale in Evans at 257 Brown Rd, Evans, LA, 70639 priced at $229,700 converts $0/mo rent into after a $1,124/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -2.51% in year one, and rental yield reads 0% against a $229,700 entry. Equity gained on principal adds $1,482/yr, while 5% annual appreciation compiles into $63,462 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,124/mo payment, not borrower’s personal income.

Manufactured

Built in 2023

2.10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70639, Evans, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	194 (100%)
Owner Occupied HU	135 (69.6%)
Renter Occupied HU	22 (11.3%)
Vacant Housing Units	37 (19.1%)
Median Home Value	$107,813
Average Home Value	$137,019