681 Smithville RdSareptaLA71071
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
Rental property for sale in Sarepta at 681 Smithville Rd, Sarepta, LA, 71071 priced at $120,000 pairs $926/mo rent with $183/mo cash flow after a $587/mo payment. Total monthly income equals $926/mo, and annual cash flow comes to $2,196/yr on $39,780 invested. Return on cash invested is 25.43% in year one, and rental yield stands at 9.26% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 132.45% and total cumulative return in cash reaches $52,687. For financing, Ziffy Mortgage’s DSCR program evaluates $926/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2011
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71071, Sarepta, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,249 (100%) |
| Owner Occupied HU | 860 (68.9%) |
| Renter Occupied HU | 219 (17.5%) |
| Vacant Housing Units | 170 (13.6%) |
| Median Home Value | $111,111 |
| Average Home Value | $143,680 |
Housing Distribution
Address Breakdown
Residential
980
Single Family
958
Multi-Family
22
Businesses
63
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Listed by: Dennis McMullan • McMullan Realty
Mls Name: NTREIS
Mls ID: #20660658
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.