7993 Old Hecker RdIowaLA70647
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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 Iowa at 7993 Old Hecker Rd, Iowa, LA, 70647 earns $761/mo cash flow from $1,782/mo rent with a $807/mo payment. Total monthly income totals $1,782/mo, and annual cash flow totals $9,128/yr on $54,664 capital. ROI tracks 36.61% on current figures, and rental yield reads 12.97% at a $164,900 purchase. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 over five years. Five-year ROI reaches 192.42% and total cumulative return in cash sums $105,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,782/mo property income instead of your personal income.
Manufactured
Built in 2022
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70647, Iowa, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,224 (100%) |
| Owner Occupied HU | 3,758 (71.9%) |
| Renter Occupied HU | 1,004 (19.2%) |
| Vacant Housing Units | 462 ( 8.8%) |
| Median Home Value | $250,967 |
| Average Home Value | $270,254 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,553
Multi-Family
5
Businesses
143
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