116 Franklin St, New Llano, LA, 71461 | $368/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Llano at 116 Franklin St, New Llano, LA, 71461 priced at $210,000 converts $1,669/mo rent into $368/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,669/mo, and annual cash flow totals $4,416/yr on $69,615 invested. Return on cash invested prints 26.25% in year one, and rental yield reads 9.54% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 136.84% and total cumulative return in cash sums $95,260. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,669/mo property income covering a $1,028/mo payment, not borrower’s personal income.

Single Family

Built in 1986

0.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 71461, Newllano, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	853 (100%)
Owner Occupied HU	393 (46.1%)
Renter Occupied HU	353 (41.4%)
Vacant Housing Units	107 (12.5%)
Median Home Value	$154,861
Average Home Value	$188,142