14569 Sweet Olive PlFranklintonLA70438
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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 Franklinton at 14569 Sweet Olive Pl, Franklinton, LA, 70438 generates $1,140/mo in rent and, after a $780/mo payment, leaves $153/mo in cash flow. Total monthly income is $1,140/mo, and annual cash flow is $1,835/yr on $52,808 invested. Return on cash invested sits at 23.38% in year one, and rental yield is 8.59% on a $159,300 entry. Equity gained on principal adds $1,028/yr, while 5% annual appreciation builds toward $44,012 over five years. Five-year ROI reaches 121.48% and total cumulative return in cash sums $64,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70438, Franklinton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,246 (66.8%) |
| Renter Occupied HU | 1,786 (19.1%) |
| Vacant Housing Units | 1,319 (14.1%) |
| Median Home Value | $175,248 |
| Average Home Value | $220,994 |
Housing Distribution
Address Breakdown
Residential
8,120
Single Family
8,012
Multi-Family
108
Businesses
581
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Listed by: Kelli Goings • Goings Group Real Estate Services, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2501585
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.