37356 Hammond Sylvest RdFranklintonLA70438
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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
Rental property for sale in Franklinton at 37356 Hammond Sylvest Rd, Franklinton, LA, 70438 generates $2,602/mo in rent, after a $2,496/mo payment. Total monthly income is $2,602/mo. Return on cash invested sits at 16.08% in year one, and rental yield is 6.12% on a $509,999 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,903 over five years. Five-year ROI reaches 82.25% and total cumulative return in cash sums $138,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,602/mo property income rather than buyer’s personal income.
Single Family
Built in 2012
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70438, Franklinton, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,351 (100%) |
| Owner Occupied HU | 6,246 (66.8%) |
| Renter Occupied HU | 1,786 (19.1%) |
| Vacant Housing Units | 1,319 (14.1%) |
| Median Home Value | $175,248 |
| Average Home Value | $220,994 |
Housing Distribution
Address Breakdown
Residential
8,120
Single Family
8,012
Multi-Family
108
Businesses
581
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Listed by: NICKI DONNELLY • ERA Top Agent Realty
Mls Name: GSREIN
Mls ID: #2531609