411 Amanda DrReevesLA70658
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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 Reeves at 411 Amanda Dr, Reeves, LA, 70658 priced at $135,000 converts $1,049/mo rent into $213/mo cash flow after a $661/mo obligation. Total monthly income equals $1,049/mo, and annual cash flow totals $2,550/yr on $44,753 invested. Return on cash invested prints 25.61% in year one, and rental yield reads 9.32% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. Five-year ROI reaches 133.48% and total cumulative return in cash sums $59,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,049/mo property income covering a $661/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70658, Reeves, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 386 (70.6%) |
| Renter Occupied HU | 55 (10.1%) |
| Vacant Housing Units | 106 (19.4%) |
| Median Home Value | $126,754 |
| Average Home Value | $163,938 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
13
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Listed by: Lydia L Holland • RE/MAX ONE
Mls Name: SWLAR
Mls ID: #SWL25100559
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.