176 Hamm StFarmervilleLA71241
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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 Farmerville at 176 Hamm St, Farmerville, LA, 71241 generates $1,364/mo in rent and, after a $881/mo payment, leaves $249/mo in cash flow. Total monthly income is $1,364/mo, and annual cash flow is $2,990/yr on $59,637 invested. Return on cash invested sits at 24.92% in year one, and rental yield is 9.1% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 129.8% and total cumulative return in cash sums $77,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
N/A 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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Listed by: Danielle Owens • River Stone Realty Development
Mls Name: NELAR
Mls ID: #217174