Elise Bayou I Plan, Cameron's CoveSaint MartinvilleLA70582
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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 Saint Martinville at Elise Bayou I Plan, Cameron's Cove, Saint Martinville, LA, 70582 offers $720/mo rent that, after a $1,008/mo payment. Total monthly income is $720/mo. Return on cash invested measures 10.14% in year one, and rental yield stands at 4.19% at a $206,000 entry. Equity gained on principal adds $1,329/yr while 5% annual appreciation compounds into $56,914 by year five. Five-year ROI records 50.51% and total cumulative return in cash reaches $34,496. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $720/mo property income versus a $1,008/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70582, Saint Martinville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,657 (100%) |
| Owner Occupied HU | 5,743 (66.3%) |
| Renter Occupied HU | 1,694 (19.6%) |
| Vacant Housing Units | 1,220 (14.1%) |
| Median Home Value | $163,390 |
| Average Home Value | $186,978 |
Housing Distribution
Address Breakdown
Residential
7,825
Single Family
7,703
Multi-Family
122
Businesses
398
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Listed by: N/A • Manuel Builders
Mls Name: Manuel Builders
Mls ID: #N/A