109 Clay StFranklinLA70538
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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 Franklin at 109 Clay St, Franklin, LA, 70538 priced at $109,990 converts $830/mo rent into $149/mo cash flow after a $538/mo obligation. Total monthly income equals $830/mo, and annual cash flow totals $1,788/yr on $36,462 invested. Return on cash invested prints 24.81% in year one, and rental yield reads 9.06% against a $109,990 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation compiles into $30,388 by year five. Five-year ROI reaches 129.27% and total cumulative return in cash sums $47,132. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $830/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70538, Franklin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,596 (58.6%) |
| Renter Occupied HU | 1,387 (22.6%) |
| Vacant Housing Units | 1,149 (18.7%) |
| Median Home Value | $116,865 |
| Average Home Value | $173,059 |
Housing Distribution
Address Breakdown
Residential
5,104
Single Family
4,926
Multi-Family
178
Businesses
463
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