1160 Freeman LnPt AllenLA70767
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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 Pt Allen at 1160 Freeman Ln, Pt Allen, LA, 70767 generates $0/mo in rent, after a $999/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.52% in year one, and rental yield is 0% on a $204,100 entry. Equity gained on principal adds $1,317/yr, while 5% annual appreciation builds toward $56,389 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70767, Port Allen, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,858 (100%) |
| Owner Occupied HU | 4,505 (65.7%) |
| Renter Occupied HU | 1,586 (23.1%) |
| Vacant Housing Units | 767 (11.2%) |
| Median Home Value | $235,035 |
| Average Home Value | $255,918 |
Housing Distribution
Address Breakdown
Residential
6,322
Single Family
5,814
Multi-Family
508
Businesses
788
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices