2006 Francke PlVioletLA70092
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 Violet at 2006 Francke Pl, Violet, LA, 70092 offers $1,095/mo rent that, after a $680/mo payment, leaves $234/mo cash flow. Total monthly income is $1,095/mo, and annual cash flow is $2,812/yr on $46,079 cash. Return on cash invested measures 26.01% in year one, and rental yield stands at 9.45% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 135.65% and total cumulative return in cash reaches $62,504. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,095/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
9,104 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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Listed by: Tiffani Bernheisel • Keller Williams Realty Services
Mls Name: GSREIN
Mls Provider:
Mls ID: #2483359
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