10120 Highway 1077FolsomLA70437
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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
Rental property for sale in Folsom at 10120 Highway 1077, Folsom, LA, 70437 generates $1,127/mo in rent and, after a $700/mo payment, leaves $241/mo in cash flow. Total monthly income is $1,127/mo, and annual cash flow is $2,893/yr on $47,405 invested. Return on cash invested sits at 26.01% in year one, and rental yield is 9.46% on a $143,000 entry. Equity gained on principal adds $923/yr, while 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 135.67% and total cumulative return in cash sums $64,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,127/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
2.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70437, Folsom, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,100 (100%) |
| Owner Occupied HU | 3,255 (79.4%) |
| Renter Occupied HU | 488 (11.9%) |
| Vacant Housing Units | 357 ( 8.7%) |
| Median Home Value | $324,035 |
| Average Home Value | $373,023 |
Housing Distribution
Address Breakdown
Residential
3,301
Single Family
3,289
Multi-Family
12
Businesses
170
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Nearby investment properties with comparable prices
Listed by: Taylor Rowe • NOLA Living Realty
Mls Name: GSREIN
Mls Provider:
Mls ID: #2472029
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