231 April DrFlorienLA71429
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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 Florien at 231 April Dr, Florien, LA, 71429 generates $1,126/mo in rent and, after a $685/mo payment, leaves $259/mo in cash flow. Total monthly income is $1,126/mo, and annual cash flow is $3,108/yr on $46,410 invested. Return on cash invested sits at 26.61% in year one, and rental yield is 9.65% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 138.72% and total cumulative return in cash sums $64,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,126/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71429, Florien, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,128 (53.7%) |
| Renter Occupied HU | 192 ( 9.1%) |
| Vacant Housing Units | 781 (37.2%) |
| Median Home Value | $164,925 |
| Average Home Value | $193,723 |
Housing Distribution
Address Breakdown
Residential
1,372
Single Family
1,344
Multi-Family
28
Businesses
48
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