187 Keeneland Place Loop Loop, Folsom, LA, 70437 | $199/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1689 sft

Longridge V G Plan, River Park Estates, Covington, LA, 70435

3 Bed
2 Bath
1237 sft

16124 Charleton Dr, Hammond, LA, 70403

3 Bed
1 Bath
1269 sft

28138 S Sam Arnold Loop, Ponchatoula, LA, 70454

3 Bed
2 Bath
1320 sft

111 Bryant St, Madisonville, LA, 70447

Nearby investment properties with comparable prices

3 Bed
2 Bath
1489 sft

217 Coushatta Cir, Madisonville, LA, 70447

$ 259,600

ROI

Cash Flow/m

- Bed
- Bath
- sft

24231 Merganser Rd, Ponchatoula, LA, 70454

2 Bed
2 Bath
1484 sft

827 Autumn Pl APT 203, Mandeville, LA, 70471

3 Bed
2 Bath
1505 sft

44447 Lato Ln, Hammond, LA, 70403

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Folsom at 187 Keeneland Place Loop Loop, Folsom, LA, 70437 with 5% annual appreciation on a $305,000 basis while $2,088/mo rent supports operations. Total monthly income totals $2,088/mo and a $1,493/mo payment preserves $199/mo for cash returns. Annual cash flow comes to $2,382/yr on $101,108 deployed, and return on cash invested reaches 22.26% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 8.22%. Five-year ROI measures 115.5% and total cumulative return in cash totals $116,782.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,088/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2023

0.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 70437, Folsom, LA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,100 (100%)
Owner Occupied HU	3,255 (79.4%)
Renter Occupied HU	488 (11.9%)
Vacant Housing Units	357 ( 8.7%)
Median Home Value	$324,035
Average Home Value	$373,023