2332 Francis StVioletLA70092
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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 Violet at 2332 Francis St, Violet, LA, 70092 uses $88,013 cash to close to unlock $7,385/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $2,331/mo, and a $1,299/mo payment keeps the spread at $615/mo. Purchase price stands at $265,500, and rental yield measures 10.54% with $2,331/mo rent. Return on cash invested shows 28.3% in year one, and 5% annual appreciation builds toward $73,353 over five years. Five-year ROI reaches 148.22% and total cumulative return in cash records $130,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,331/mo property income covering a $1,299/mo payment rather than investor’s personal income.
Single Family
Built in N/A
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70092, Violet, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 1,961 (66.9%) |
| Renter Occupied HU | 791 (27.0%) |
| Vacant Housing Units | 181 ( 6.2%) |
| Median Home Value | $187,877 |
| Average Home Value | $198,005 |
Housing Distribution
Address Breakdown
Residential
2,738
Single Family
2,721
Multi-Family
17
Businesses
76
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