7062 Winburn DrGreenwoodLA71033
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 Greenwood at 7062 Winburn Dr, Greenwood, LA, 71033 earns $248/mo cash flow from $1,208/mo rent with a $759/mo payment. Total monthly income totals $1,208/mo, and annual cash flow totals $2,970/yr on $51,383 capital. ROI tracks 25.69% on current figures, and rental yield reads 9.35% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash sums $68,788. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,208/mo property income instead of your personal income.
Single Family
Built in 1978
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71033, Greenwood, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,645 (100%) |
| Owner Occupied HU | 1,211 (73.6%) |
| Renter Occupied HU | 268 (16.3%) |
| Vacant Housing Units | 166 (10.1%) |
| Median Home Value | $271,820 |
| Average Home Value | $317,568 |
Housing Distribution
Address Breakdown
Residential
1,539
Single Family
1,401
Multi-Family
138
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tena Hines • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21021454
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.