226 Circle DrFranklinLA70538
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 226 Circle Dr, Franklin, LA, 70538 in Franklin at $235,000 earns $1,543/mo in rent and nets $87/mo after the $1,057/mo payment, a 7.88% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $64,926 over five years. Ziffy Mortgage underwrites this on a 1.46 DSCR without U.S. credit history. With $2,164/yr in principal paydown, total projected return reaches $94,748.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 8.1% |
| Monthly Cash Flow | $87 | $250 |
City averages based on Franklin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,543 |
| Total Monthly Debt Service | $1,362 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70538, Franklin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,596 (58.6%) |
| Renter Occupied HU | 1,387 (22.6%) |
| Vacant Housing Units | 1,149 (18.7%) |
| Median Home Value | $116,865 |
| Average Home Value | $173,059 |
Housing Distribution
Address Breakdown
Residential
5,104
Single Family
4,926
Multi-Family
178
Businesses
463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1964
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70538, Franklin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,596 (58.6%) |
| Renter Occupied HU | 1,387 (22.6%) |
| Vacant Housing Units | 1,149 (18.7%) |
| Median Home Value | $116,865 |
| Average Home Value | $173,059 |
Housing Distribution
Address Breakdown
Residential
5,104
Single Family
4,926
Multi-Family
178
Businesses
463
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices