131 Legand Ln #5FlorienLA71429
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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 Florien at 131 Legand Ln #5, Florien, LA, 71429 generates $0/mo in rent, after a $3,372/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.53% in year one, and rental yield is 0% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71429, Florien, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,128 (53.7%) |
| Renter Occupied HU | 192 ( 9.1%) |
| Vacant Housing Units | 781 (37.2%) |
| Median Home Value | $164,925 |
| Average Home Value | $193,723 |
Housing Distribution
Address Breakdown
Residential
1,372
Single Family
1,344
Multi-Family
28
Businesses
48
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices