110 Hickory StIowaLA70647
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Nearby investment properties with comparable prices
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 Iowa at 110 Hickory St, Iowa, LA, 70647 priced at $281,500 pairs $2,384/mo rent with $640/mo cash flow after a $1,378/mo payment. Total monthly income equals $2,384/mo, and annual cash flow comes to $7,681/yr on $93,317 invested. Return on cash invested is 28.14% in year one, and rental yield stands at 10.16% on a $281,500 basis. Equity gained on principal adds $1,816/yr, and 5% annual appreciation accumulates to $77,773 by year five. Five-year ROI measures 147.03% and total cumulative return in cash reaches $137,208. For financing, Ziffy Mortgage’s DSCR program evaluates $2,384/mo property income against a $1,378/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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Listed by: Robbie Ingle • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL24000442
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.