420 Spells Layne RdMarionLA71260
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 420 Spells Layne Rd, Marion, LA, 71260 in Marion is listed at $155,000 and delivers $1,378/mo in rent and $417/mo in net monthly cash flow. The 10.67% yield and 1.98 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $42,824 over five years, and $1,428/yr in principal reduction supplements cash return. Total projected cumulative return: $85,686.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.0% |
| Monthly Cash Flow | $417 | $350 |
City averages based on Marion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,378 |
| Total Monthly Debt Service | $898 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices