1021 Goodwin StVintonLA70668
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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
Investment property for sale in Vinton at 1021 Goodwin St, Vinton, LA, 70668 uses $49,394 cash to close to unlock $2,752/yr annual cash flow and $229/mo monthly cash flow. Total monthly income runs $1,152/mo, and a $729/mo payment keeps the spread at $229/mo. Purchase price stands at $149,000, and rental yield measures 9.28% with $1,152/mo rent. Return on cash invested shows 25.48% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 132.78% and total cumulative return in cash records $65,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,152/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1957
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70668, Vinton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,754 (100%) |
| Owner Occupied HU | 1,850 (67.2%) |
| Renter Occupied HU | 663 (24.1%) |
| Vacant Housing Units | 241 ( 8.8%) |
| Median Home Value | $166,718 |
| Average Home Value | $203,030 |
Housing Distribution
Address Breakdown
Residential
2,677
Single Family
2,677
Multi-Family
0
Businesses
174
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Listed by: Charlotte Curran • Century 21 Bono Realty
Mls Name: Greater Southern MLS
Mls ID: #SWL24000578
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.