350 N Smokey Cove RdSingerLA70660
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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
Rental property for sale in Singer at 350 N Smokey Cove Rd, Singer, LA, 70660 priced at $229,000 pairs $692/mo rent with after a $1,121/mo payment. Total monthly income equals $692/mo. Return on cash invested is 8.42% in year one, and rental yield stands at 3.63% on a $229,000 basis. Equity gained on principal adds $1,478/yr, and 5% annual appreciation accumulates to $63,268 by year five. Five-year ROI measures 41.28% and total cumulative return in cash reaches $31,337. For financing, Ziffy Mortgage’s DSCR program evaluates $692/mo property income against a $1,121/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2016
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70660, Singer, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 771 (100%) |
| Owner Occupied HU | 586 (76.0%) |
| Renter Occupied HU | 90 (11.7%) |
| Vacant Housing Units | 95 (12.3%) |
| Median Home Value | $319,027 |
| Average Home Value | $283,294 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
23
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