1612 Stevenson StVintonLA70668
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Vinton at 1612 Stevenson St, Vinton, LA, 70668 offers a 9.65% rental yield on a $185,000 purchase with $1,488/mo rent. Total monthly income registers $1,488/mo, and a $905/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,110/yr on $61,328 to close, and return on cash invested stands at 26.61% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 138.83% and total cumulative return in cash at $85,143. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,488/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.41 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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