135 Saint Croix AveFlorienLA71429
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
Investment Highlights
Rental property for sale in Florien at 135 Saint Croix Ave, Florien, LA, 71429 priced at $197,000 converts $1,859/mo rent into $639/mo cash flow after a $964/mo obligation. Total monthly income equals $1,859/mo, and annual cash flow totals $7,667/yr on $65,306 invested. Return on cash invested prints 31.65% in year one, and rental yield reads 11.32% against a $197,000 entry. Equity gained on principal adds $1,271/yr, while 5% annual appreciation compiles into $54,427 by year five. Five-year ROI reaches 165.78% and total cumulative return in cash sums $108,266. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,859/mo property income covering a $964/mo payment, not borrower’s personal income.
Manufactured
Built in 2008
0.52 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
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