52 Walding RdHinestonLA71438
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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 Hineston at 52 Walding Rd, Hineston, LA, 71438 priced at $119,900 pairs $0/mo rent with after a $587/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.52% in year one, and rental yield stands at 0% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71438, Hineston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 661 (100%) |
| Owner Occupied HU | 516 (78.1%) |
| Renter Occupied HU | 65 ( 9.8%) |
| Vacant Housing Units | 80 (12.1%) |
| Median Home Value | $162,222 |
| Average Home Value | $186,076 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices