1258 Fabacher RdIotaLA70543
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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 Iota at 1258 Fabacher Rd, Iota, LA, 70543 priced at $525,000 converts $2,316/mo rent into after a $2,570/mo obligation. Total monthly income equals $2,316/mo. Return on cash invested prints 13.55% in year one, and rental yield reads 5.29% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 68.75% and total cumulative return in cash sums $118,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,316/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 2019
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70543, Iota, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,141 (69.6%) |
| Renter Occupied HU | 352 (21.5%) |
| Vacant Housing Units | 147 ( 9.0%) |
| Median Home Value | $224,182 |
| Average Home Value | $236,356 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
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