246 Friscoville AveArabiLA70032
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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 Arabi at 246 Friscoville Ave, Arabi, LA, 70032 listed at $267,700 pairs $1,985/mo rent with a $1,310/mo payment to leave $327/mo cash flow. Total monthly income runs $1,985/mo, and annual cash flow reaches $3,924/yr on $88,743 cash to close. Return on cash invested measures 24.33% in year one, and rental yield registers 8.9% at a $267,700 basis. Equity gained on principal adds $1,727/yr, and annual property appreciation at 5% supports $73,961 by year five. Five-year ROI tracks 126.54% and total cumulative return in cash totals $112,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,985/mo property income relative to a $1,310/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70032, Arabi, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,383 (61.0%) |
| Renter Occupied HU | 683 (30.1%) |
| Vacant Housing Units | 201 ( 8.9%) |
| Median Home Value | $230,800 |
| Average Home Value | $267,035 |
Housing Distribution
Address Breakdown
Residential
2,351
Single Family
2,316
Multi-Family
35
Businesses
227
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