11120 Plank RdClintonLA70722
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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
Rental property for sale in Clinton at 11120 Plank Rd, Clinton, LA, 70722 generates $2,255/mo in rent and, after a $1,542/mo payment, leaves $304/mo in cash flow. Total monthly income is $2,255/mo, and annual cash flow is $3,642/yr on $104,423 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 8.59% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 121.58% and total cumulative return in cash sums $126,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,255/mo property income rather than buyer’s personal income.
Single Family
Built in 1842
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70722, Clinton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,824 (100%) |
| Owner Occupied HU | 2,038 (72.2%) |
| Renter Occupied HU | 415 (14.7%) |
| Vacant Housing Units | 371 (13.1%) |
| Median Home Value | $260,039 |
| Average Home Value | $276,451 |
Housing Distribution
Address Breakdown
Residential
2,090
Single Family
2,058
Multi-Family
32
Businesses
212
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Listed by: Peter Patout • Talbot Historic Properties
Mls Name: GSREIN
Mls Provider:
Mls ID: #2463140
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