2975 Kites Landing RdFlorienLA71429
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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 Florien at 2975 Kites Landing Rd, Florien, LA, 71429 uses $49,725 cash to close to unlock $1,356/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $1,042/mo, and a $734/mo payment keeps the spread at $113/mo. Purchase price stands at $150,000, and rental yield measures 8.34% with $1,042/mo rent. Return on cash invested shows 22.64% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 117.44% and total cumulative return in cash records $58,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,042/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
4.28 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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