707 S Guegnon StAbbevilleLA70510
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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
Investment property for sale in Abbeville at 707 S Guegnon St, Abbeville, LA, 70510 uses $38,123 cash to close to unlock $4,350/yr annual cash flow and $363/mo monthly cash flow. Total monthly income runs $1,075/mo, and a $563/mo payment keeps the spread at $363/mo. Purchase price stands at $115,000, and rental yield measures 11.22% with $1,075/mo rent. Return on cash invested shows 31.32% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 164.15% and total cumulative return in cash records $62,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,075/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70510, Abbeville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,984 (100%) |
| Owner Occupied HU | 6,473 (58.9%) |
| Renter Occupied HU | 2,914 (26.5%) |
| Vacant Housing Units | 1,597 (14.5%) |
| Median Home Value | $181,574 |
| Average Home Value | $203,856 |
Housing Distribution
Address Breakdown
Residential
10,384
Single Family
9,955
Multi-Family
429
Businesses
752
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