459 Key West PassFlorienLA71429
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
Investment property for sale in Florien at 459 Key West Pass, Florien, LA, 71429 with 5% annual appreciation on a $175,000 basis while $890/mo rent supports operations. 89% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 6.1%. Five-year ROI measures 81.3% and total cumulative return in cash totals $47,167. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $890/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71429, Florien, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,128 (53.7%) |
| Renter Occupied HU | 192 ( 9.1%) |
| Vacant Housing Units | 781 (37.2%) |
| Median Home Value | $164,925 |
| Average Home Value | $193,723 |
Housing Distribution
Address Breakdown
Residential
1,372
Single Family
1,344
Multi-Family
28
Businesses
48
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