7104 S State Highway 82,Erath,LA,70592

Investment Highlights

Investment property for sale in Erath at 7104 S State Highway 82, Erath, LA, 70592 listed at $1,600,000 pairs $4,933/mo rent with a $7,831/mo payment. Total monthly income runs $4,933/mo. Return on cash invested measures 8.85% in year one, and rental yield registers 3.7% at a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and annual property appreciation at 5% supports $442,051 by year five. Five-year ROI tracks 43.42% and total cumulative return in cash totals $225,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,933/mo property income relative to a $7,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).