Irises V B Plan, Meadow Bend,Youngsville,LA,70592

Investment Highlights

Rental property for sale in Youngsville at Irises V B Plan, Meadow Bend, Youngsville, LA, 70592 offers $2,704/mo rent that, after a $1,375/mo payment, leaves $964/mo cash flow. Total monthly income is $2,704/mo, and annual cash flow is $11,565/yr on $93,148 cash. Return on cash invested measures 32.32% in year one, and rental yield stands at 11.55% at a $280,990 entry. Equity gained on principal adds $1,813/yr while 5% annual appreciation compounds into $77,632 by year five. Five-year ROI records 169.44% and total cumulative return in cash reaches $157,831. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,704/mo property income versus a $1,375/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.