430 Main StFranklintonLA70438
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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 430 Main St, Franklinton, LA, 70438 priced at $269,000 converts $2,348/mo rent into $681/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,348/mo, and annual cash flow totals $8,176/yr on $89,174 invested. Return on cash invested prints 29.08% in year one, and rental yield reads 10.47% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 152.04% and total cumulative return in cash sums $135,575. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,348/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.52 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: Tonya Foil-Goings • BAAS Realty
Mls Name: GSREIN
Mls ID: #2536586