300 N 6th StEuniceLA70535
Nearby investment properties with comparable rents
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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 Eunice at 300 N 6th St, Eunice, LA, 70535 earns $228/mo cash flow from $1,095/mo rent with a $685/mo payment. Total monthly income totals $1,095/mo, and annual cash flow totals $2,738/yr on $46,377 capital. ROI tracks 25.81% on current figures, and rental yield reads 9.39% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 134.61% and total cumulative return in cash sums $62,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,095/mo property income instead of your personal income.
Single Family
Built in N/A
9,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70535, Eunice, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,454 (59.0%) |
| Renter Occupied HU | 2,202 (29.2%) |
| Vacant Housing Units | 896 (11.9%) |
| Median Home Value | $185,659 |
| Average Home Value | $235,602 |
Housing Distribution
Address Breakdown
Residential
7,759
Single Family
7,502
Multi-Family
257
Businesses
782
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Nearby investment properties with comparable prices
Listed by: Lisa Aguillard • Sold Realty, LLC
Mls Name: RAA
Mls Provider:
Mls ID: #24009064
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' 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 deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST