116 N Lightner AveIowaLA70647
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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 Iowa at 116 N Lightner Ave, Iowa, LA, 70647 earns $333/mo cash flow from $1,482/mo rent with a $908/mo payment. Total monthly income totals $1,482/mo, and annual cash flow totals $3,994/yr on $61,493 capital. ROI tracks 26.4% on current figures, and rental yield reads 9.59% at a $185,500 purchase. Equity gained on principal adds $1,197/yr, and 5% annual appreciation supports $51,250 over five years. Five-year ROI reaches 137.7% and total cumulative return in cash sums $84,675. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,482/mo property income instead of your personal income.
Single Family
Built in 2010
3,840 sqft 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: Donovan Johnson • Coldwell Banker Ingle Safari Realty
Mls Name: SWLAR
Mls ID: #SWL25101235
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.