617 Magnolia StNew LlanoLA71461
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 617 Magnolia St, New Llano, LA, 71461 in New Llano delivers $1,342/mo in gross rent and $388/mo in net monthly income at a $154,000 entry. The 10.45% yield and 1.94 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $42,547 over five years and $1,418/yr in equity from loan paydown, total projected return is $83,414.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 7.2% |
| Monthly Cash Flow | $388 | $1,200 |
City averages based on New Llano market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,342 |
| Total Monthly Debt Service | $893 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
9,626 sqft 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
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
Single Family
Built in 1960
9,626 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paige Fontenot • Keller Williams Realty Lake Ch
Mls Name: Greater Southern MLS
Mls ID: #SWL25001187
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.