510 Martin Springs RdLecompteLA71346
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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
Total monthly income runs $2,234/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 4.87% with $2,234/mo rent. Return on cash invested shows 12.18% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 61.44% and total cumulative return in cash records $111,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,234/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 2000
3.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71346, Lecompte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,238 (100%) |
| Owner Occupied HU | 790 (63.8%) |
| Renter Occupied HU | 216 (17.4%) |
| Vacant Housing Units | 232 (18.7%) |
| Median Home Value | $233,186 |
| Average Home Value | $226,396 |
Housing Distribution
Address Breakdown
Residential
767
Single Family
767
Multi-Family
0
Businesses
70
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Listed by: Wendi Ford • Bonnette Auction Company
Mls Name: GCLRA
Mls Provider:
Mls ID: #2506410
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.