55174 Hano RdIndependenceLA70443
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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 Independence at 55174 Hano Rd, Independence, LA, 70443 listed at $285,000 pairs $1,559/mo rent with a $1,395/mo payment. Total monthly income runs $1,559/mo. Return on cash invested measures 17.29% in year one, and rental yield registers 6.56% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 88.8% and total cumulative return in cash totals $83,898. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,559/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
11.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70443, Independence, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,058 (100%) |
| Owner Occupied HU | 3,407 (67.4%) |
| Renter Occupied HU | 1,040 (20.6%) |
| Vacant Housing Units | 611 (12.1%) |
| Median Home Value | $207,500 |
| Average Home Value | $238,147 |
Housing Distribution
Address Breakdown
Residential
3,869
Single Family
3,869
Multi-Family
0
Businesses
123
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Listed by: Matt Barattini • Berkshire Hathaway HomeServices Preferred, REALTOR
Mls Name: GSREIN
Mls ID: #2530460