212 Normandy DrFolsomLA70437
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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
Investment property for sale in Folsom at 212 Normandy Dr, Folsom, LA, 70437 earns from $3,000/mo rent with a $4,796/mo payment. Total monthly income totals $3,000/mo. ROI tracks 8.63% on current figures, and rental yield reads 3.67% at a $979,900 purchase. Equity gained on principal adds $6,323/yr, and 5% annual appreciation supports $270,728 over five years. Five-year ROI reaches 42.36% and total cumulative return in cash sums $136,565. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.
Single Family
Built in 2023
4.77 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 |
Housing Distribution
Address Breakdown
Residential
3,301
Single Family
3,289
Multi-Family
12
Businesses
170
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