37 Havens RdElmerLA71424
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 37 Havens Rd, Elmer, LA, 71424 in Elmer hard to pass up. The 10.14% gross yield on a $230,000 purchase results in $1,943/mo in rent and $518/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.78). Annual cash flow of $6,217, five-year appreciation of $63,545, and $1,928/yr in equity build-up combine for a projected total cumulative return of $116,254.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.0% |
| Monthly Cash Flow | $518 | $850 |
City averages based on Elmer market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,943 |
| Total Monthly Debt Service | $1,389 |
| DSCR Ratio | 1.40x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1970
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71424, Elmer, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 601 (100%) |
| Owner Occupied HU | 468 (77.9%) |
| Renter Occupied HU | 55 ( 9.2%) |
| Vacant Housing Units | 78 (13.0%) |
| Median Home Value | $210,268 |
| Average Home Value | $223,413 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
13
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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
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Nearby investment properties with comparable prices
