309 Reds Point RdFlorienLA71429
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
Investment Highlights
Investment property for sale in Florien at 309 Reds Point Rd, Florien, LA, 71429 at $287,500 posts ROI 28.21% with $659/mo cash flow from $2,440/mo rent. Total monthly income equals $2,440/mo, and annual cash flow records $7,911/yr on $95,306 to close. Return on cash invested measures 28.21% and rental yield reads 10.18% at the current $287,500. Equity gained on principal adds $1,855/yr, and 5% annual appreciation supports $79,431 by year five. Five-year ROI prints 147.39% and total cumulative return in cash totals $140,471.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
0.54 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices