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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Franklinton at 40094 Archie Wallace Rd, Franklinton, LA, 70438 listed at $300,000 pairs $1,140/mo rent with a $1,468/mo payment. Total monthly income runs $1,140/mo. Return on cash invested measures 11.25% in year one, and rental yield registers 4.56% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 56.37% and total cumulative return in cash totals $56,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
9.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 70438, Franklinton, LA area.
| 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 |
Residential
8,120
Single Family
8,012
Multi-Family
108
Businesses
581
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $300,000 |
| 2018-06-15 | Sold | N/A |
| 2018-05-03 | Listed for sale | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $696.48 | 3.80% | $14,370 | N/A |
| 2023-05-01 | $670.99 | -12.81% | $14,370 | N/A |
| 2022-05-01 | $769.57 | -6.55% | $14,370 | N/A |
Listed by: Scott Gaspard • RE/MAX Select
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025007689
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.
