12969 E Main StLaroseLA70373
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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 Larose at 12969 E Main St, Larose, LA, 70373 uses $38,123 cash to close to unlock $2,106/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $888/mo, and a $563/mo payment keeps the spread at $176/mo. Purchase price stands at $115,000, and rental yield measures 9.27% with $888/mo rent. Return on cash invested shows 25.43% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 132.54% and total cumulative return in cash records $50,529. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $888/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70373, Larose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,821 (100%) |
| Owner Occupied HU | 2,011 (71.3%) |
| Renter Occupied HU | 455 (16.1%) |
| Vacant Housing Units | 355 (12.6%) |
| Median Home Value | $172,289 |
| Average Home Value | $272,602 |
Housing Distribution
Address Breakdown
Residential
2,269
Single Family
2,269
Multi-Family
0
Businesses
178
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Listed by: Natalie Lafont • Lafont Realties, LLC
Mls Name: GSREIN
Mls Provider:
Mls ID: #2472896
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