2139 Gravel Point RdFriersonLA71027
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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 Frierson at 2139 Gravel Point Rd, Frierson, LA, 71027 offers $5,136/mo rent that, after a $4,688/mo payment. Total monthly income is $5,136/mo. Return on cash invested measures 16.33% in year one, and rental yield stands at 6.43% at a $957,800 entry. Equity gained on principal adds $6,181/yr while 5% annual appreciation compounds into $264,622 by year five. Five-year ROI records 83.9% and total cumulative return in cash reaches $264,374. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,136/mo property income versus a $4,688/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71027, Frierson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 615 (69.5%) |
| Renter Occupied HU | 140 (15.8%) |
| Vacant Housing Units | 130 (14.7%) |
| Median Home Value | $198,665 |
| Average Home Value | $237,919 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
934
Multi-Family
32
Businesses
56
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