1199 Bayou Bay CtFriersonLA71027
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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
Investment property for sale in Frierson at 1199 Bayou Bay Ct, Frierson, LA, 71027 uses $86,182 cash to close to unlock $7,115/yr annual cash flow and $593/mo monthly cash flow. Total monthly income runs $2,230/mo, and a $1,272/mo payment keeps the spread at $593/mo. Purchase price stands at $259,975, and rental yield measures 10.29% with $2,230/mo rent. Return on cash invested shows 28.17% in year one, and 5% annual appreciation builds toward $71,826 over five years. Five-year ROI reaches 147.24% and total cumulative return in cash records $126,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,230/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
$325 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71027, Frierson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 615 (69.5%) |
| Renter Occupied HU | 140 (15.8%) |
| Vacant Housing Units | 130 (14.7%) |
| Median Home Value | $198,665 |
| Average Home Value | $237,919 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
934
Multi-Family
32
Businesses
56
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Listed by: Steven Pracht • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20643413
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.