28473 Evangeline Ln, Albany, LA, 70711 | $642/mo Cash Flow

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

Investment property for sale in Albany at 28473 Evangeline Ln, Albany, LA, 70711 listed at $215,900 pairs $1,980/mo rent with a $1,057/mo payment to leave $642/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $7,708/yr on $71,571 cash to close. Return on cash invested measures 30.68% in year one, and rental yield registers 11.01% at a $215,900 basis. Equity gained on principal adds $1,393/yr, and annual property appreciation at 5% supports $59,649 by year five. Five-year ROI tracks 160.64% and total cumulative return in cash totals $114,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,057/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2019

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70711, Albany, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,267 (100%)
Owner Occupied HU	1,572 (69.3%)
Renter Occupied HU	550 (24.3%)
Vacant Housing Units	145 ( 6.4%)
Median Home Value	$265,966
Average Home Value	$351,212