123 Frank DrLogansportLA71049
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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 Logansport at 123 Frank Dr, Logansport, LA, 71049 offers a 9.16% rental yield on a $129,000 purchase with $985/mo rent. Total monthly income registers $985/mo, and a $631/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,236/yr on $42,764 to close, and return on cash invested stands at 25.14% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 130.94% and total cumulative return in cash at $55,993. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $985/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71049, Logansport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,679 (100%) |
| Owner Occupied HU | 1,025 (61.0%) |
| Renter Occupied HU | 347 (20.7%) |
| Vacant Housing Units | 307 (18.3%) |
| Median Home Value | $155,429 |
| Average Home Value | $204,927 |
Housing Distribution
Address Breakdown
Residential
1,190
Single Family
1,190
Multi-Family
0
Businesses
97
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Listed by: Jodi Fountain • Jodi A. Fountain
Mls Name: NTREIS
Mls ID: #21088812