Irises V B Plan, Somerset Park,Sterlington,LA,71280

Investment Highlights

Rental property for sale in Sterlington at Irises V B Plan, Somerset Park, Sterlington, LA, 71280 generates $1,859/mo in rent and, after a $1,331/mo payment, leaves $174/mo in cash flow. Total monthly income is $1,859/mo, and annual cash flow is $2,093/yr on $90,165 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 8.2% on a $271,990 entry. Equity gained on principal adds $1,755/yr, while 5% annual appreciation builds toward $75,146 over five years. Five-year ROI reaches 115.31% and total cumulative return in cash sums $103,970. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,859/mo property income rather than buyer’s personal income.