Emerald Plan, Berry Ridge, Springfield, LA, 70462 | $181/mo Cash Flow

For Sale

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 Springfield at Emerald Plan, Berry Ridge, Springfield, LA, 70462 priced at $233,900 converts $1,630/mo rent into $181/mo cash flow after a $1,145/mo obligation. Total monthly income equals $1,630/mo, and annual cash flow totals $2,171/yr on $77,538 invested. Return on cash invested prints 22.71% in year one, and rental yield reads 8.36% against a $233,900 entry. Equity gained on principal adds $1,509/yr, while 5% annual appreciation compiles into $64,622 by year five. Five-year ROI reaches 117.85% and total cumulative return in cash sums $91,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,630/mo property income covering a $1,145/mo payment, not borrower’s 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