31035 Horse Shoe Island RdLacombeLA70445
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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 Lacombe at 31035 Horse Shoe Island Rd, Lacombe, LA, 70445 offers a 4.19% rental yield on a $515,000 purchase with $1,800/mo rent. 21% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,285 over five years. Portfolio math shows five-year ROI at 50.83% and total cumulative return in cash at $86,125. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $2,521/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
1.98 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sean Delancy • Crescent Sotheby's International Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497062
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