2408 Francis StVioletLA70092
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Violet rental at 2408 Francis St, Violet, LA, 70092 sits in the solid-income band: 9.05% gross yield, $1,131/mo rent, $202/mo net after the $674/mo debt service, DSCR 1.68. Entry price of $150,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $41,442 and $1,382/yr in principal reduction bring total cumulative return to $69,908.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $202 | $400 |
City averages based on Violet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,131 |
| Total Monthly Debt Service | $869 |
| DSCR Ratio | 1.30x |
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
5,501 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
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
5,501 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices