2408 Francis St, Violet, LA, 70092 | $202/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Violet at 2408 Francis St, Violet, LA, 70092 offers $1,131/mo rent that, after a $734/mo payment, leaves $202/mo cash flow. Total monthly income is $1,131/mo, and annual cash flow is $2,424/yr on $49,725 cash. Return on cash invested measures 24.78% in year one, and rental yield stands at 9.05% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 129% and total cumulative return in cash reaches $64,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,131/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

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