351 George Wright LnGreensburgLA70441
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 351 George Wright Ln, Greensburg, LA, 70441 in Greensburg at $650,000, 1.94% gross yield, is a market-growth asset. Rental yield 1.94%. The $1,051/mo rent partially funds the $2,923/mo debt service; the core return is the 5%/yr price growth projected to add $179,583 over five years. Ziffy Mortgage's DSCR mortgage (0.36) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $54,995.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 8.2% |
| Monthly Cash Flow | $(2,975) | $350 |
City averages based on Greensburg market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,051 |
| Total Monthly Debt Service | $3,768 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70441, Greensburg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,429 (100%) |
| Owner Occupied HU | 1,594 (65.6%) |
| Renter Occupied HU | 373 (15.4%) |
| Vacant Housing Units | 462 (19.0%) |
| Median Home Value | $154,895 |
| Average Home Value | $173,725 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,039
Multi-Family
38
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1998
6.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70441, Greensburg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,429 (100%) |
| Owner Occupied HU | 1,594 (65.6%) |
| Renter Occupied HU | 373 (15.4%) |
| Vacant Housing Units | 462 (19.0%) |
| Median Home Value | $154,895 |
| Average Home Value | $173,725 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,039
Multi-Family
38
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSREIN
Mls ID: #2570528