587 Main StArnaudvilleLA70512
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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
Rental property for sale in Arnaudville at 587 Main St, Arnaudville, LA, 70512 priced at $117,500 converts $1,136/mo rent into $408/mo cash flow after a $575/mo obligation. Total monthly income equals $1,136/mo, and annual cash flow totals $4,899/yr on $38,951 invested. Return on cash invested prints 32.49% in year one, and rental yield reads 11.6% against a $117,500 entry. Equity gained on principal adds $758/yr, while 5% annual appreciation compiles into $32,463 by year five. Five-year ROI reaches 170.43% and total cumulative return in cash sums $66,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,136/mo property income covering a $575/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70512, Arnaudville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,686 (100%) |
| Owner Occupied HU | 3,623 (77.3%) |
| Renter Occupied HU | 596 (12.7%) |
| Vacant Housing Units | 467 ( 10.0%) |
| Median Home Value | $161,997 |
| Average Home Value | $209,883 |
Housing Distribution
Address Breakdown
Residential
3,988
Single Family
3,988
Multi-Family
0
Businesses
75
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Listed by: Michelle Badeaux • Compass
Mls Name: RAA
Mls ID: #2020023668