296 Sawyer DrSulphurLA70665
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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
Investment property for sale in Sulphur at 296 Sawyer Dr, Sulphur, LA, 70665 uses $76,577 cash to close to unlock $1,042/yr annual cash flow and $87/mo monthly cash flow. Total monthly income runs $1,553/mo, and a $1,131/mo payment keeps the spread at $87/mo. Purchase price stands at $231,000, and rental yield measures 8.07% with $1,553/mo rent. Return on cash invested shows 21.27% in year one, and 5% annual appreciation builds toward $63,821 over five years. Five-year ROI reaches 110.35% and total cumulative return in cash records $84,501. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,553/mo property income covering a $1,131/mo payment rather than investor’s personal income.
Single Family
Built in 2023
6,534 sqft lot
$N/A/sqft
$418 annually 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
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Listed by: Wallace Myers • Keller Williams Realty Lake Ch
Mls Name: Greater Southern MLS
Mls ID: #SWL24005496
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.