1401 Olin RdFarmervilleLA71241
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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 Farmerville at 1401 Olin Rd, Farmerville, LA, 71241 uses $72,930 cash to close to unlock $6,372/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $1,077/mo payment keeps the spread at $531/mo. Purchase price stands at $220,000, and rental yield measures 10.33% with $1,894/mo rent. Return on cash invested shows 28.65% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 149.68% and total cumulative return in cash records $109,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 2010
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71241, Farmerville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,627 (100%) |
| Owner Occupied HU | 3,040 (65.7%) |
| Renter Occupied HU | 897 (19.4%) |
| Vacant Housing Units | 690 (14.9%) |
| Median Home Value | $165,173 |
| Average Home Value | $197,359 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,457
Multi-Family
60
Businesses
391
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