817 S Spruce StVivianLA71082
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 817 S Spruce St, Vivian, LA, 71082 in Vivian deserves attention. This $205,000 property earns $1,982/mo in rent, a 11.6% gross yield, and nets $603/mo after the $922/mo payment. DSCR 2.15 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $56,638 compounds alongside $1,888/yr in yearly equity build, for a total cumulative return of $117,021.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 8.0% |
| Monthly Cash Flow | $603 | $400 |
City averages based on Vivian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,982 |
| Total Monthly Debt Service | $1,298 |
| DSCR Ratio | 1.53x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.