405 Eaton DrAbbevilleLA70510
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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 Abbeville at 405 Eaton Dr, Abbeville, LA, 70510 offers a 14.18% rental yield on a $150,000 purchase with $1,773/mo rent. Total monthly income registers $1,773/mo, and a $734/mo payment leaves $844/mo available for distribution. Annual cash flow reaches $10,128/yr on $49,725 to close, and return on cash invested stands at 40.28% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 212.07% and total cumulative return in cash at $105,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,773/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70510, Abbeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,984 (100%) |
| Owner Occupied HU | 6,473 (58.9%) |
| Renter Occupied HU | 2,914 (26.5%) |
| Vacant Housing Units | 1,597 (14.5%) |
| Median Home Value | $181,574 |
| Average Home Value | $203,856 |
Housing Distribution
Address Breakdown
Residential
10,384
Single Family
9,955
Multi-Family
429
Businesses
752
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