420 Spells Layne RdMarionLA71260
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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 Marion at 420 Spells Layne Rd, Marion, LA, 71260 at $155,000 posts ROI 29.66% with $418/mo cash flow from $1,378/mo rent. Total monthly income equals $1,378/mo, and annual cash flow records $5,010/yr on $51,383 to close. Return on cash invested measures 29.66% and rental yield reads 10.67% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 155.17% and total cumulative return in cash totals $79,732.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,378/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71260, Marion, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,364 (100%) |
| Owner Occupied HU | 893 (65.5%) |
| Renter Occupied HU | 241 (17.7%) |
| Vacant Housing Units | 230 (16.9%) |
| Median Home Value | $128,596 |
| Average Home Value | $158,547 |
Housing Distribution
Address Breakdown
Residential
1,266
Single Family
1,241
Multi-Family
25
Businesses
55
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