1349 Friendship RdFriersonLA71027
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1349 Friendship Rd, Frierson, LA, 71027 in Frierson at $135,000 earns $1,032/mo in rent and nets $196/mo after the $607/mo payment, a 9.17% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $37,298 over five years. Ziffy Mortgage underwrites this on a 1.70 DSCR without U.S. credit history. With $1,243/yr in principal paydown, total projected return reaches $63,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.0% |
| Monthly Cash Flow | $196 | $450 |
City averages based on Frierson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,032 |
| Total Monthly Debt Service | $783 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2004
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71027, Frierson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 615 (69.5%) |
| Renter Occupied HU | 140 (15.8%) |
| Vacant Housing Units | 130 (14.7%) |
| Median Home Value | $198,665 |
| Average Home Value | $237,919 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
934
Multi-Family
32
Businesses
56
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
Single Family
Built in 2004
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71027, Frierson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 615 (69.5%) |
| Renter Occupied HU | 140 (15.8%) |
| Vacant Housing Units | 130 (14.7%) |
| Median Home Value | $198,665 |
| Average Home Value | $237,919 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
934
Multi-Family
32
Businesses
56
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hayli Cagle • Keller Williams Northwest
Mls Name: NTREIS
Mls ID: #20973925
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.