8944 E Picturesque DrGreenwoodLA71033
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 8944 E Picturesque Dr, Greenwood, LA, 71033 in Greenwood is listed at $128,900 and delivers $1,020/mo in rent and $222/mo in net monthly cash flow. The 9.5% yield and 1.76 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $35,613 over five years, and $1,187/yr in principal reduction supplements cash return. Total projected cumulative return: $63,147.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 8.1% |
| Monthly Cash Flow | $222 | $1,100 |
City averages based on Greenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $747 |
| DSCR Ratio | 1.37x |
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.
Manufactured
Built in 1986
0.61 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
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
Manufactured
Built in 1986
0.61 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