113 Faith Plantation DrPrincetonLA71067
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 113 Faith Plantation Dr, Princeton, LA, 71067 in Princeton. Rental yield 3.77%. At $459,500 with 3.77% gross yield, current distributions are modest, but the 5% appreciation rate projects $126,951 in new equity by year five, complemented by $4,232/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.70) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $81,876.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 6.0% |
| Monthly Cash Flow | $(1,439) | $350 |
City averages based on Princeton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,445 |
| Total Monthly Debt Service | $2,701 |
| DSCR Ratio | 0.53x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2025
1.04 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71067, Princeton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,410 (100%) |
| Owner Occupied HU | 1,007 (71.4%) |
| Renter Occupied HU | 232 (16.5%) |
| Vacant Housing Units | 171 (12.1%) |
| Median Home Value | $158,194 |
| Average Home Value | $170,390 |
Housing Distribution
Address Breakdown
Residential
1,319
Single Family
1,285
Multi-Family
34
Businesses
82
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 2025
1.04 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71067, Princeton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,410 (100%) |
| Owner Occupied HU | 1,007 (71.4%) |
| Renter Occupied HU | 232 (16.5%) |
| Vacant Housing Units | 171 (12.1%) |
| Median Home Value | $158,194 |
| Average Home Value | $170,390 |
Housing Distribution
Address Breakdown
Residential
1,319
Single Family
1,285
Multi-Family
34
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol Phillips • Berkshire Hathaway HomeServices Ally Real Estate
Mls Name: NTREIS
Mls ID: #20968687
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.