531 N 11th StEuniceLA70535
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 531 N 11th St, Eunice, LA, 70535 in Eunice: $1,265/mo in rent, $274/mo in net income, 9.49% gross yield, 1.76 DSCR, all at $160,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $44,205 in appreciation and $1,474/yr in principal paydown projects total cumulative return of $78,328.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.0% |
| Monthly Cash Flow | $274 | $800 |
City averages based on Eunice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,265 |
| Total Monthly Debt Service | $927 |
| DSCR Ratio | 1.36x |
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 N/A
6,534 sqft 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
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 N/A
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices