3012 Oak Dr, Violet, LA, 70092 | $331/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

Investment property for sale in Violet at 3012 Oak Dr, Violet, LA, 70092 listed at $199,000 pairs $1,564/mo rent with a $974/mo payment to leave $331/mo cash flow. Total monthly income runs $1,564/mo, and annual cash flow reaches $3,976/yr on $65,969 cash to close. Return on cash invested measures 25.94% in year one, and rental yield registers 9.43% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 135.22% and total cumulative return in cash totals $89,202. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,564/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1982

5,940 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