70 Springwood RdgZwolleLA71486
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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 Zwolle at 70 Springwood Rdg, Zwolle, LA, 71486 priced at $449,000 pairs $1,720/mo rent with after a $2,198/mo payment. Total monthly income equals $1,720/mo. Return on cash invested is 11.35% in year one, and rental yield stands at 4.6% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 56.97% and total cumulative return in cash reaches $84,796. For financing, Ziffy Mortgage’s DSCR program evaluates $1,720/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71486, Zwolle, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,579 (100%) |
| Owner Occupied HU | 1,366 (53.0%) |
| Renter Occupied HU | 369 (14.3%) |
| Vacant Housing Units | 844 (32.7%) |
| Median Home Value | $112,088 |
| Average Home Value | $158,959 |
Housing Distribution
Address Breakdown
Residential
1,705
Single Family
1,705
Multi-Family
0
Businesses
106
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