Broussard Plan, Bruce's HarborSpringfieldLA70462
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
Investment Highlights
Investment property for sale in Springfield at Broussard Plan, Bruce's Harbor, Springfield, LA, 70462 earns $640/mo cash flow from $2,957/mo rent with a $1,831/mo payment. Total monthly income totals $2,957/mo, and annual cash flow totals $7,678/yr on $123,981 capital. ROI tracks 26.1% on current figures, and rental yield reads 9.49% at a $374,000 purchase. Equity gained on principal adds $2,413/yr, and 5% annual appreciation supports $103,329 over five years. Five-year ROI reaches 136.05% and total cumulative return in cash sums $168,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,957/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70462, Springfield, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,990 (100%) |
| Owner Occupied HU | 2,058 (68.8%) |
| Renter Occupied HU | 392 (13.1%) |
| Vacant Housing Units | 540 (18.1%) |
| Median Home Value | $326,667 |
| Average Home Value | $320,051 |
Housing Distribution
Address Breakdown
Residential
2,729
Single Family
2,712
Multi-Family
17
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Hornak • Level Homes
Mls Name: Level Homes
Mls ID: #N/A