15175 State Highway 16French SettlementLA70733
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
Investment property for sale in French Settlement at 15175 State Highway 16, French Settlement, LA, 70733 listed at $190,000 pairs $1,500/mo rent with a $930/mo payment to leave $323/mo cash flow. Total monthly income runs $1,500/mo, and annual cash flow reaches $3,876/yr on $62,985 cash to close. Return on cash invested measures 26.06% in year one, and rental yield registers 9.47% at a $190,000 basis. Equity gained on principal adds $1,226/yr, and annual property appreciation at 5% supports $52,494 by year five. Five-year ROI tracks 135.82% and total cumulative return in cash totals $85,548. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70733, French Settlement, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 730 (100%) |
| Owner Occupied HU | 575 (78.8%) |
| Renter Occupied HU | 77 (10.5%) |
| Vacant Housing Units | 78 (10.7%) |
| Median Home Value | $260,859 |
| Average Home Value | $274,891 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
34
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Listed by: Nicole Rowell • Realty Executives South Louisiana Group
Mls Name: ROAM MLS
Mls ID: #2025021589