817 S Spruce StVivianLA71082
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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 Vivian at 817 S Spruce St, Vivian, LA, 71082 offers $1,982/mo rent that, after a $1,003/mo payment, leaves $603/mo cash flow. Total monthly income is $1,982/mo, and annual cash flow is $7,238/yr on $67,958 cash. Return on cash invested measures 30.56% in year one, and rental yield stands at 11.6% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 160.7% and total cumulative return in cash reaches $109,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,982/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71082, Vivian, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,138 (100%) |
| Owner Occupied HU | 1,254 (58.7%) |
| Renter Occupied HU | 580 (27.1%) |
| Vacant Housing Units | 304 (14.2%) |
| Median Home Value | $94,444 |
| Average Home Value | $124,258 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
1,944
Multi-Family
106
Businesses
224
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Listed by: Hannah Loker • Sterling & Southern Real Estate Co. LLC
Mls Name: NTREIS
Mls ID: #20942247
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.