8431 Sophie LnGreenwoodLA71033
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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 Greenwood at 8431 Sophie Ln, Greenwood, LA, 71033 offers a 11.06% rental yield on a $187,000 purchase with $1,723/mo rent. Total monthly income registers $1,723/mo, and a $915/mo payment leaves $565/mo available for distribution. Annual cash flow reaches $6,779/yr on $61,991 to close, and return on cash invested stands at 30.84% in year one. Equity gained on principal adds $1,207/yr while 5% annual appreciation supports $51,665 over five years. Portfolio math shows five-year ROI at 161.47% and total cumulative return in cash at $100,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,723/mo property income against a $915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
0.72 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
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Listed by: Sarah McCoy • Diamond Realty & Associates
Mls Name: NTREIS
Mls ID: #20748892
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.