216 Harper StNew LlanoLA71461
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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 New Llano at 216 Harper St, New Llano, LA, 71461 at $289,900 posts ROI 24.25% with $347/mo cash flow from $2,178/mo rent. Total monthly income equals $2,178/mo, and annual cash flow records $4,168/yr on $96,102 to close. Return on cash invested measures 24.25% and rental yield reads 9.02% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 126.29% and total cumulative return in cash totals $121,365.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,178/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71461, Newllano, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 393 (46.1%) |
| Renter Occupied HU | 353 (41.4%) |
| Vacant Housing Units | 107 (12.5%) |
| Median Home Value | $154,861 |
| Average Home Value | $188,142 |
Housing Distribution
Address Breakdown
Residential
911
Single Family
882
Multi-Family
29
Businesses
44
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Listed by: Candice Skinner • Candice Skinner Real Estate
Mls Name: Greater Southern MLS
Mls ID: #SWL25002776
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.