305 Snead StBerwickLA70342
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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 Berwick at 305 Snead St, Berwick, LA, 70342 earns $250/mo cash flow from $1,179/mo rent with a $734/mo payment. Total monthly income totals $1,179/mo, and annual cash flow totals $3,000/yr on $49,725 capital. ROI tracks 25.94% on current figures, and rental yield reads 9.43% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 135.18% and total cumulative return in cash sums $67,218. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,179/mo property income instead of your personal income.
Single Family
Built in 1978
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70342, Berwick, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,004 (100%) |
| Owner Occupied HU | 1,196 (59.7%) |
| Renter Occupied HU | 577 (28.8%) |
| Vacant Housing Units | 231 (11.5%) |
| Median Home Value | $182,181 |
| Average Home Value | $272,979 |
Housing Distribution
Address Breakdown
Residential
1,942
Single Family
1,891
Multi-Family
51
Businesses
150
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