109 Latour StKaplanLA70548
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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
Rental property for sale in Kaplan at 109 Latour St, Kaplan, LA, 70548 priced at $130,000 converts $1,041/mo rent into $236/mo cash flow after a $636/mo obligation. Total monthly income equals $1,041/mo, and annual cash flow totals $2,832/yr on $43,095 invested. Return on cash invested prints 26.48% in year one, and rental yield reads 9.61% against a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,917 by year five. Five-year ROI reaches 138.06% and total cumulative return in cash sums $59,499. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,041/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1977
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70548, Kaplan, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,096 (100%) |
| Owner Occupied HU | 3,016 (59.2%) |
| Renter Occupied HU | 1,006 (19.7%) |
| Vacant Housing Units | 1,074 (21.1%) |
| Median Home Value | $151,852 |
| Average Home Value | $176,441 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,247
Multi-Family
101
Businesses
239
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