6396 10th HwyGreensburgLA70441
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 Greensburg at 6396 10th Hwy, Greensburg, LA, 70441 uses $39,780 cash to close to unlock $3,696/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,051/mo, and a $587/mo payment keeps the spread at $308/mo. Purchase price stands at $120,000, and rental yield measures 10.51% with $1,051/mo rent. Return on cash invested shows 29.2% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 152.66% and total cumulative return in cash records $60,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,051/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70441, Greensburg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,429 (100%) |
| Owner Occupied HU | 1,594 (65.6%) |
| Renter Occupied HU | 373 (15.4%) |
| Vacant Housing Units | 462 (19.0%) |
| Median Home Value | $154,895 |
| Average Home Value | $173,725 |
Housing Distribution
Address Breakdown
Residential
2,077
Single Family
2,039
Multi-Family
38
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brent Drude • CBTEC HAMMOND
Mls Name: GSREIN
Mls Provider:
Mls ID: #2501022
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.