120 Faith Plantation DrPrincetonLA71067
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
Investment Highlights
Investment property for sale in Princeton at 120 Faith Plantation Dr, Princeton, LA, 71067 offers a 7.88% rental yield on a $520,515 purchase with $3,420/mo rent. Total monthly income registers $3,420/mo, and a $2,548/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,344/yr on $171,249 to close, and return on cash invested stands at 21.43% in year one. Equity gained on principal adds $3,359/yr while 5% annual appreciation supports $143,809 over five years. Portfolio math shows five-year ROI at 110.99% and total cumulative return in cash at $190,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,420/mo property income against a $2,548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1 Acres lot
$N/A/sqft
No 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