10120 Highway 1077FolsomLA70437
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 10120 Highway 1077, Folsom, LA, 70437 in Folsom earns a 9.46% gross yield at $143,000. Rent of $1,127/mo nets $241/mo after the $643/mo mortgage. The 1.75 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $39,508 and $1,317/yr in equity accumulation project a total cumulative return of $69,793.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.5% |
| Monthly Cash Flow | $241 | $350 |
City averages based on Folsom market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,127 |
| Total Monthly Debt Service | $829 |
| DSCR Ratio | 1.36x |
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.
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
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
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
Nearby investment properties with comparable rents
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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