407 N Foote AveKaplanLA70548
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
Rental property for sale in Kaplan at 407 N Foote Ave, Kaplan, LA, 70548 priced at $139,995 pairs $1,092/mo rent with $225/mo cash flow after a $685/mo payment. Total monthly income equals $1,092/mo, and annual cash flow comes to $2,700/yr on $46,408 invested. Return on cash invested is 25.73% in year one, and rental yield stands at 9.36% on a $139,995 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,678 by year five. Five-year ROI measures 134.17% and total cumulative return in cash reaches $62,265. For financing, Ziffy Mortgage’s DSCR program evaluates $1,092/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70548, Kaplan, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,096 (100%) |
| Owner Occupied HU | 3,016 (59.2%) |
| Renter Occupied HU | 1,006 (19.7%) |
| Vacant Housing Units | 1,074 (21.1%) |
| Median Home Value | $151,852 |
| Average Home Value | $176,441 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,247
Multi-Family
101
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices