1211 W 3rd StKaplanLA70548
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 Kaplan at 1211 W 3rd St, Kaplan, LA, 70548 uses $44,753 cash to close to unlock $2,598/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,053/mo, and a $661/mo payment keeps the spread at $217/mo. Purchase price stands at $135,000, and rental yield measures 9.36% with $1,053/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 134.02% and total cumulative return in cash records $59,977. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,053/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70548, Kaplan, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,096 (100%) |
| Owner Occupied HU | 3,016 (59.2%) |
| Renter Occupied HU | 1,006 (19.7%) |
| Vacant Housing Units | 1,074 (21.1%) |
| Median Home Value | $151,852 |
| Average Home Value | $176,441 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,247
Multi-Family
101
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices