309 Hiram RdWinnsboroLA71295
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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 Winnsboro at 309 Hiram Rd, Winnsboro, LA, 71295 generates $900/mo in rent and, after a $685/mo payment, leaves $33/mo in cash flow. Total monthly income is $900/mo, and annual cash flow is $398/yr on $46,377 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 7.72% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 107.54% and total cumulative return in cash sums $49,875. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71295, Winnsboro, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,999 (100%) |
| Owner Occupied HU | 3,687 (61.5%) |
| Renter Occupied HU | 1,612 (26.9%) |
| Vacant Housing Units | 700 (11.7%) |
| Median Home Value | $125,357 |
| Average Home Value | $165,247 |
Housing Distribution
Address Breakdown
Residential
5,375
Single Family
5,259
Multi-Family
116
Businesses
510
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