350 Spillway RdWinnfieldLA71483
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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 Winnfield at 350 Spillway Rd, Winnfield, LA, 71483 generates $1,081/mo in rent and, after a $661/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,081/mo, and annual cash flow is $2,934/yr on $44,753 invested. Return on cash invested sits at 26.47% in year one, and rental yield is 9.61% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 138.07% and total cumulative return in cash sums $61,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,081/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
4.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71483, Winnfield, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,432 (100%) |
| Owner Occupied HU | 2,434 (54.9%) |
| Renter Occupied HU | 1,171 (26.4%) |
| Vacant Housing Units | 827 (18.7%) |
| Median Home Value | $126,073 |
| Average Home Value | $149,537 |
Housing Distribution
Address Breakdown
Residential
4,005
Single Family
3,973
Multi-Family
32
Businesses
478
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