1409 Nelson 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 1409 Nelson St, Vinton, LA, 70668 generates $1,226/mo in rent and, after a $690/mo payment, leaves $353/mo in cash flow. Total monthly income is $1,226/mo, and annual cash flow is $4,232/yr on $46,742 invested. Return on cash invested sits at 28.96% in year one, and rental yield is 10.43% on a $141,000 entry. Equity gained on principal adds $910/yr, while 5% annual appreciation builds toward $38,956 over five years. Five-year ROI reaches 151.42% and total cumulative return in cash sums $70,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,226/mo property income rather than buyer’s personal income.
Manufactured
Built in 2021
10,540 sqft 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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