214 Spring 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
Investment property for sale in Frierson at 214 Spring Rd, Frierson, LA, 71027 with 5% annual appreciation on a $110,000 basis while $874/mo rent supports operations. Total monthly income totals $874/mo and a $538/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,316/yr on $36,465 deployed, and return on cash invested reaches 26.26% in year one. Equity gained on principal adds $710/yr, and five-year appreciation sums $30,391 alongside rental yield of 9.53%. Five-year ROI measures 136.9% and total cumulative return in cash totals $49,920.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $874/mo property income versus a $538/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1999
0.60 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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