111 W Oaklawn DrCypremort PtLA70538
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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 Cypremort Pt at 111 W Oaklawn Dr, Cypremort Pt, LA, 70538 priced at $395,000 converts $3,427/mo rent into $981/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,427/mo, and annual cash flow totals $11,766/yr on $130,943 invested. Return on cash invested prints 28.89% in year one, and rental yield reads 10.41% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 151.05% and total cumulative return in cash sums $197,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,427/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1992
1.10 Acres 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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Listed by: Alexis Peterson • Compass
Mls Name: RAA
Mls ID: #2020023238