500 N 6th StEuniceLA70535
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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 Eunice at 500 N 6th St, Eunice, LA, 70535 earns $256/mo cash flow from $1,799/mo rent with a $1,219/mo payment. Total monthly income totals $1,799/mo, and annual cash flow totals $3,076/yr on $82,544 capital. ROI tracks 23.64% on current figures, and rental yield reads 8.67% at a $249,000 purchase. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 over five years. Five-year ROI reaches 122.87% and total cumulative return in cash sums $101,420. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,799/mo property income instead of your personal income.
Single Family
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70535, Eunice, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,552 (100%) |
| Owner Occupied HU | 4,454 (59.0%) |
| Renter Occupied HU | 2,202 (29.2%) |
| Vacant Housing Units | 896 (11.9%) |
| Median Home Value | $185,659 |
| Average Home Value | $235,602 |
Housing Distribution
Address Breakdown
Residential
7,759
Single Family
7,502
Multi-Family
257
Businesses
782
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