31057 Shannon DrLacombeLA70445
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.03% yield at 31057 Shannon Dr, Lacombe, LA, 70445 in Lacombe is solid, but the $1,416/mo payment compresses net cash flow to $121/mo at $315,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $87,029 by year five, and $2,901/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.55) without U.S. income documentation. Total projected return: $132,706.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 5.5% |
| Monthly Cash Flow | $121 | $850 |
City averages based on Lacombe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,189 |
| Total Monthly Debt Service | $1,861 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
1.01 Acres lot
$N/A/sqft
$425 annually HOA
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
Single Family
Built in 1977
1.01 Acres lot
$N/A/sqft
$425 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peggy Newcomb • LATTER & BLUM (LATT14)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2497028
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