4858 Harris RdIowaLA70647
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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 Iowa at 4858 Harris Rd, Iowa, LA, 70647 generates $1,979/mo in rent and, after a $1,395/mo payment, leaves $214/mo in cash flow. Total monthly income is $1,979/mo, and annual cash flow is $2,562/yr on $94,478 invested. Return on cash invested sits at 22.62% in year one, and rental yield is 8.33% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 117.41% and total cumulative return in cash sums $110,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,979/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
5.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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