2193 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 2193 Gravel Point Rd, Frierson, LA, 71027 generates $1,470/mo in rent, after a $4,797/mo payment. Total monthly income is $1,470/mo. Return on cash invested sits at 2.94% in year one, and rental yield is 1.8% on a $980,000 entry. Equity gained on principal adds $6,324/yr, while 5% annual appreciation builds toward $270,756 over five years. Five-year ROI reaches 11.79% and total cumulative return in cash sums $38,016. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,470/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
10.03 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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