117 Winbourne AveScottLA70583
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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 Scott at 117 Winbourne Ave, Scott, LA, 70583 priced at $189,000 converts $1,585/mo rent into $414/mo cash flow after a $925/mo obligation. Total monthly income equals $1,585/mo, and annual cash flow totals $4,972/yr on $62,654 invested. Return on cash invested prints 27.84% in year one, and rental yield reads 10.06% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 145.44% and total cumulative return in cash sums $91,126. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,585/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70583, Scott, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,284 (100%) |
| Owner Occupied HU | 3,415 (64.6%) |
| Renter Occupied HU | 1,258 (23.8%) |
| Vacant Housing Units | 611 (11.6%) |
| Median Home Value | $211,772 |
| Average Home Value | $220,934 |
Housing Distribution
Address Breakdown
Residential
5,027
Single Family
4,730
Multi-Family
297
Businesses
724
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