1388 Princeton RdPrincetonLA71067
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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 Princeton at 1388 Princeton Rd, Princeton, LA, 71067 generates $1,300/mo in rent and, after a $685/mo payment, leaves $433/mo in cash flow. Total monthly income is $1,300/mo, and annual cash flow is $5,196/yr on $46,409 invested. Return on cash invested sits at 31.11% in year one, and rental yield is 11.14% on a $139,997 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 163.02% and total cumulative return in cash sums $75,657. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,300/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71067, Princeton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,410 (100%) |
| Owner Occupied HU | 1,007 (71.4%) |
| Renter Occupied HU | 232 (16.5%) |
| Vacant Housing Units | 171 (12.1%) |
| Median Home Value | $158,194 |
| Average Home Value | $170,390 |
Housing Distribution
Address Breakdown
Residential
1,319
Single Family
1,285
Multi-Family
34
Businesses
82
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