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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Franklinton at 220 12th Ave, Franklinton, LA, 70438 uses $36,465 cash to close to unlock $2,028/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $850/mo, and a $538/mo payment keeps the spread at $169/mo. Purchase price stands at $110,000, and rental yield measures 9.27% with $850/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash records $48,372. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $850/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1975
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 70438, Franklinton, LA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,246 (66.8%) |
| Renter Occupied HU | 1,786 (19.1%) |
| Vacant Housing Units | 1,319 (14.1%) |
| Median Home Value | $175,248 |
| Average Home Value | $220,994 |
Residential
8,120
Single Family
8,012
Multi-Family
108
Businesses
581
Date | Event | Price |
|---|---|---|
| 2025-05-13 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | N/A | N/A | $7,500 | N/A |
| 2023-05-15 | N/A | N/A | $7,500 | N/A |
| 2022-05-15 | N/A | N/A | $7,500 | N/A |
Listed by: Kelli Goings • Goings Group Real Estate Services, Inc.
Mls Name: GSREIN
Mls Provider:
Mls ID: #2500829
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
