508 Hickory StNew LlanoLA71461
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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
Investment property for sale in New Llano at 508 Hickory St, New Llano, LA, 71461 earns $153/mo cash flow from $791/mo rent with a $504/mo payment. Total monthly income totals $791/mo, and annual cash flow totals $1,837/yr on $34,145 capital. ROI tracks 25.29% on current figures, and rental yield reads 9.22% at a $103,000 purchase. Equity gained on principal adds $665/yr, and 5% annual appreciation supports $28,457 over five years. Five-year ROI reaches 131.86% and total cumulative return in cash sums $45,022. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $791/mo property income instead of your personal income.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71461, Newllano, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 393 (46.1%) |
| Renter Occupied HU | 353 (41.4%) |
| Vacant Housing Units | 107 (12.5%) |
| Median Home Value | $154,861 |
| Average Home Value | $188,142 |
Housing Distribution
Address Breakdown
Residential
911
Single Family
882
Multi-Family
29
Businesses
44
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