494 Highway 862WinnsboroLA71295
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
Investment property for sale in Winnsboro at 494 Highway 862, Winnsboro, LA, 71295 listed at $295,000 pairs $1,223/mo rent with a $1,444/mo payment. Total monthly income runs $1,223/mo. Return on cash invested measures 12.49% in year one, and rental yield registers 4.97% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 63.09% and total cumulative return in cash totals $61,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,223/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.50 Acres 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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