11120 Plank RdClintonLA70722
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 11120 Plank Rd, Clinton, LA, 70722 in Clinton is listed at $315,000 and delivers $2,255/mo in rent and $304/mo in net monthly cash flow. The 8.59% yield and 1.59 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $87,029 over five years, and $2,901/yr in principal reduction supplements cash return. Total projected cumulative return: $139,054.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 8.0% |
| Monthly Cash Flow | $304 | $250 |
City averages based on Clinton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,255 |
| Total Monthly Debt Service | $1,826 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Peter Patout • Talbot Historic Properties
Mls Name: GSREIN
Mls Provider:
Mls ID: #2463140
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