515 Evans RdSulphurLA70663
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
Investment Highlights
Investment property for sale in Sulphur at 515 Evans Rd, Sulphur, LA, 70663 at $102,500 posts ROI 24.88% with $141/mo cash flow from $776/mo rent. Total monthly income equals $776/mo, and annual cash flow records $1,689/yr on $33,979 to close. Return on cash invested measures 24.88% and rental yield reads 9.08% at the current $102,500. Equity gained on principal adds $661/yr, and 5% annual appreciation supports $28,319 by year five. Five-year ROI prints 129.5% and total cumulative return in cash totals $44,001.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $776/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70663, Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 8,090 (63.9%) |
| Renter Occupied HU | 2,944 (23.2%) |
| Vacant Housing Units | 1,634 (12.9%) |
| Median Home Value | $206,411 |
| Average Home Value | $222,076 |
Housing Distribution
Address Breakdown
Residential
12,145
Single Family
11,776
Multi-Family
369
Businesses
875
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Nearby investment properties with comparable prices
Listed by: Ashlee Babin • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL24006060
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.