505 Pine St, Elizabeth, LA, 70638 | 7.08% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elizabeth at 505 Pine St, Elizabeth, LA, 70638 generates $943/mo in rent, after a $783/mo payment. Total monthly income is $943/mo. Return on cash invested sits at 18.83% in year one, and rental yield is 7.08% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 97.13% and total cumulative return in cash sums $51,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $943/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70638, Elizabeth, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	225 (100%)
Owner Occupied HU	168 (74.7%)
Renter Occupied HU	37 (16.4%)
Vacant Housing Units	20 ( 8.9%)
Median Home Value	$137,500
Average Home Value	$280,074