8472 Shaffett LnEthelLA70730
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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 Ethel at 8472 Shaffett Ln, Ethel, LA, 70730 offers a 0% rental yield on a $259,000 purchase with $0/mo rent. 52% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
9.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70730, Ethel, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,854 (100%) |
| Owner Occupied HU | 1,385 (74.7%) |
| Renter Occupied HU | 209 (11.3%) |
| Vacant Housing Units | 260 (14.0%) |
| Median Home Value | $291,013 |
| Average Home Value | $331,738 |
Housing Distribution
Address Breakdown
Residential
1,462
Single Family
1,462
Multi-Family
0
Businesses
31
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