367 Hummingbird LnPrincetonLA71067
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
Investment Highlights
Rental property for sale in Princeton at 367 Hummingbird Ln, Princeton, LA, 71067 priced at $275,313 pairs $1,955/mo rent with $216/mo cash flow after a $1,348/mo payment. Total monthly income equals $1,955/mo, and annual cash flow comes to $2,589/yr on $91,266 invested. Return on cash invested is 22.75% in year one, and rental yield stands at 8.52% on a $275,313 basis. Equity gained on principal adds $1,777/yr, and 5% annual appreciation accumulates to $76,064 by year five. Five-year ROI measures 118.22% and total cumulative return in cash reaches $107,893. For financing, Ziffy Mortgage’s DSCR program evaluates $1,955/mo property income against a $1,348/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71067, Princeton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,410 (100%) |
| Owner Occupied HU | 1,007 (71.4%) |
| Renter Occupied HU | 232 (16.5%) |
| Vacant Housing Units | 171 (12.1%) |
| Median Home Value | $158,194 |
| Average Home Value | $170,390 |
Housing Distribution
Address Breakdown
Residential
1,319
Single Family
1,285
Multi-Family
34
Businesses
82
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Listed by: Saun Sullivan • Cicero Realty LLC
Mls Name: NTREIS
Mls ID: #21086309
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.