116 Clarence AveNew LlanoLA71461
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
Investment Highlights
Investment property for sale in New Llano at 116 Clarence Ave, New Llano, LA, 71461 earns $357/mo cash flow from $1,175/mo rent with a $646/mo payment. Total monthly income totals $1,175/mo, and annual cash flow totals $4,289/yr on $43,758 capital. ROI tracks 29.71% on current figures, and rental yield reads 10.68% at a $132,000 purchase. Equity gained on principal adds $852/yr, and 5% annual appreciation supports $36,469 over five years. Five-year ROI reaches 155.48% and total cumulative return in cash sums $68,035. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,175/mo property income instead of your personal income.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71461, Newllano, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 393 (46.1%) |
| Renter Occupied HU | 353 (41.4%) |
| Vacant Housing Units | 107 (12.5%) |
| Median Home Value | $154,861 |
| Average Home Value | $188,142 |
Housing Distribution
Address Breakdown
Residential
911
Single Family
882
Multi-Family
29
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices