2178 Oak Grove DrVintonLA70668
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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 Vinton at 2178 Oak Grove Dr, Vinton, LA, 70668 at $250,000 posts ROI 15.71% with from $1,259/mo rent. Total monthly income equals $1,259/mo. Return on cash invested measures 15.71% and rental yield reads 6.04% at the current $250,000. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 80.33% and total cumulative return in cash totals $66,574. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,259/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
2.72 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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Listed by: Lauren Dunn • Coldwell Banker Ingle Safari R
Mls Name: Greater Southern MLS
Mls ID: #SWL24006216
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.