1335 Horridge StVintonLA70668
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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 Vinton at 1335 Horridge St, Vinton, LA, 70668 generates $1,742/mo in rent, after a $1,566/mo payment. Total monthly income is $1,742/mo. Return on cash invested sits at 17.19% in year one, and rental yield is 6.53% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 88.27% and total cumulative return in cash sums $93,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,742/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70668, Vinton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,754 (100%) |
| Owner Occupied HU | 1,850 (67.2%) |
| Renter Occupied HU | 663 (24.1%) |
| Vacant Housing Units | 241 ( 8.8%) |
| Median Home Value | $166,718 |
| Average Home Value | $203,030 |
Housing Distribution
Address Breakdown
Residential
2,677
Single Family
2,677
Multi-Family
0
Businesses
174
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Listed by: Bonnie Bahnsen • RE/MAX ONE
Mls Name: Greater Southern MLS
Mls ID: #SWL24005918
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.