43150 Lantana DrFranklintonLA70438
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 Franklinton at 43150 Lantana Dr, Franklinton, LA, 70438 generates $1,140/mo in rent, after a $1,003/mo payment. Total monthly income is $1,140/mo. Return on cash invested sits at 17.62% in year one, and rental yield is 6.67% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 90.61% and total cumulative return in cash sums $61,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.76 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Cuber • LATTER & BLUM (LATT15)
Mls Name: GSREIN
Mls Provider:
Mls ID: #2503071
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.