991 Highway 121HinestonLA71438
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 Hineston at 991 Highway 121, Hineston, LA, 71438 offers a 9.29% rental yield on a $103,000 purchase with $797/mo rent. Total monthly income registers $797/mo, and a $504/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,909/yr on $34,145 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $665/yr while 5% annual appreciation supports $28,457 over five years. Portfolio math shows five-year ROI at 133.02% and total cumulative return in cash at $45,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $797/mo property income against a $504/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71438, Hineston, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 661 (100%) |
| Owner Occupied HU | 516 (78.1%) |
| Renter Occupied HU | 65 ( 9.8%) |
| Vacant Housing Units | 80 (12.1%) |
| Median Home Value | $162,222 |
| Average Home Value | $186,076 |
Housing Distribution
Address Breakdown
Residential
685
Single Family
685
Multi-Family
0
Businesses
27
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