903 Legnon St, Reeves, LA, 70658 | Equity Gain $1,207/yr

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Reeves at 903 Legnon St, Reeves, LA, 70658 priced at $187,000 pairs $0/mo rent with after a $915/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.51% in year one, and rental yield stands at 0% on a $187,000 basis. Equity gained on principal adds $1,207/yr, and 5% annual appreciation accumulates to $51,665 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $915/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2021

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70658, Reeves, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	547 (100%)
Owner Occupied HU	386 (70.6%)
Renter Occupied HU	55 (10.1%)
Vacant Housing Units	106 (19.4%)
Median Home Value	$126,754
Average Home Value	$163,938