411 Evelyn StMooringsportLA71060
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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 Mooringsport at 411 Evelyn St, Mooringsport, LA, 71060 priced at $141,900 pairs $1,080/mo rent with $201/mo cash flow after a $695/mo payment. Total monthly income equals $1,080/mo, and annual cash flow comes to $2,406/yr on $47,040 invested. Return on cash invested is 25.02% in year one, and rental yield stands at 9.13% on a $141,900 basis. Equity gained on principal adds $916/yr, and 5% annual appreciation accumulates to $39,204 by year five. Five-year ROI measures 130.32% and total cumulative return in cash reaches $61,303. For financing, Ziffy Mortgage’s DSCR program evaluates $1,080/mo property income against a $695/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71060, Mooringsport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 919 (67.6%) |
| Renter Occupied HU | 246 (18.1%) |
| Vacant Housing Units | 194 (14.3%) |
| Median Home Value | $185,156 |
| Average Home Value | $211,017 |
Housing Distribution
Address Breakdown
Residential
1,220
Single Family
1,188
Multi-Family
32
Businesses
43
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Listed by: Richard Hostetler • Prime Real Estate, LLC
Mls Name: NTREIS
Mls ID: #21010060