30764 Blue Wing CresSpringfieldLA70462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Springfield at 30764 Blue Wing Cres, Springfield, LA, 70462 listed at $669,900 pairs $2,966/mo rent with a $3,279/mo payment. Total monthly income runs $2,966/mo. Return on cash invested measures 13.61% in year one, and rental yield registers 5.31% at a $669,900 basis. Equity gained on principal adds $4,323/yr, and annual property appreciation at 5% supports $185,081 by year five. Five-year ROI tracks 69.08% and total cumulative return in cash totals $152,241. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,966/mo property income relative to a $3,279/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70462, Springfield, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,990 (100%) |
| Owner Occupied HU | 2,058 (68.8%) |
| Renter Occupied HU | 392 (13.1%) |
| Vacant Housing Units | 540 (18.1%) |
| Median Home Value | $326,667 |
| Average Home Value | $320,051 |
Housing Distribution
Address Breakdown
Residential
2,729
Single Family
2,712
Multi-Family
17
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Bonner • Geaux South Realty LLC
Mls Name: GSREIN
Mls ID: #2535001