996 Oak LnHackberryLA70645
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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 Hackberry at 996 Oak Ln, Hackberry, LA, 70645 earns $578/mo cash flow from $1,600/mo rent with a $808/mo payment. Total monthly income totals $1,600/mo, and annual cash flow totals $6,930/yr on $54,698 capital. ROI tracks 32.58% on current figures, and rental yield reads 11.64% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 170.84% and total cumulative return in cash sums $93,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,600/mo property income instead of your personal income.
Manufactured
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70645, Hackberry, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 504 (51.4%) |
| Renter Occupied HU | 37 ( 3.8%) |
| Vacant Housing Units | 440 (44.9%) |
| Median Home Value | $226,563 |
| Average Home Value | $220,149 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
617
Multi-Family
24
Businesses
52
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