3616 Frank Parker RdSulphurLA70663
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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 Sulphur at 3616 Frank Parker Rd, Sulphur, LA, 70663 uses $63,946 cash to close to unlock $5,703/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,670/mo, and a $944/mo payment keeps the spread at $475/mo. Purchase price stands at $192,900, and rental yield measures 10.39% with $1,670/mo rent. Return on cash invested shows 28.83% in year one, and 5% annual appreciation builds toward $53,295 over five years. Five-year ROI reaches 150.72% and total cumulative return in cash records $96,383. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,670/mo property income covering a $944/mo payment rather than investor’s personal income.
Single Family
Built in 1993
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70663, Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 8,090 (63.9%) |
| Renter Occupied HU | 2,944 (23.2%) |
| Vacant Housing Units | 1,634 (12.9%) |
| Median Home Value | $206,411 |
| Average Home Value | $222,076 |
Housing Distribution
Address Breakdown
Residential
12,145
Single Family
11,776
Multi-Family
369
Businesses
875
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