400 Cheyenne Cir, Scott, LA, 70583 | $494/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

Investment Property+ 2 more

3 Bed
1 Bath
1300 sft

314 Cleveland St, Lafayette, LA, 70501

3 Bed
2 Bath
1607 sft

Verwood IV B Plan, Gabriel's Place, Youngsville, LA, 70592

3 Bed
2 Bath
1202 sft

215 Royalton Pkwy, Lafayette, LA, 70507

2 Bed
2 Bath
1450 sft

14 Courtyard Cir, Lafayette, LA, 70508

Nearby investment properties with comparable prices

3 Bed
2 Bath
1298 sft

162 Reid Dr, Sunset, LA, 70584

3 Bed
2 Bath
1298 sft

138 Reid Dr, Sunset, LA, 70584

3 Bed
2 Bath
1298 sft

120 Reid Dr, Sunset, LA, 70584

3 Bed
2 Bath
1298 sft

100 Reid Dr, Sunset, LA, 70584

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Scott at 400 Cheyenne Cir, Scott, LA, 70583 priced at $245,000 converts $2,011/mo rent into $494/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,011/mo, and annual cash flow totals $5,922/yr on $81,218 invested. Return on cash invested prints 27.2% in year one, and rental yield reads 9.85% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 141.97% and total cumulative return in cash sums $115,308. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,011/mo property income covering a $1,199/mo payment, not borrower’s personal income.

Single Family

Built in 1981

0.31 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70583, Scott, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,284 (100%)
Owner Occupied HU	3,415 (64.6%)
Renter Occupied HU	1,258 (23.8%)
Vacant Housing Units	611 (11.6%)
Median Home Value	$211,772
Average Home Value	$220,934