4979 Fran LnBaratariaLA70036
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 Barataria at 4979 Fran Ln, Barataria, LA, 70036 with 5% annual appreciation on a $129,900 basis while $1,006/mo rent supports operations. Total monthly income totals $1,006/mo and a $636/mo payment preserves $201/mo for cash returns. Annual cash flow comes to $2,414/yr on $43,062 deployed, and return on cash invested reaches 25.51% in year one. Equity gained on principal adds $838/yr, and five-year appreciation sums $35,889 alongside rental yield of 9.29%. Five-year ROI measures 133% and total cumulative return in cash totals $57,271.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,006/mo property income versus a $636/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2012
2,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70036, Barataria, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 380 (67.0%) |
| Renter Occupied HU | 45 ( 7.9%) |
| Vacant Housing Units | 142 (25.0%) |
| Median Home Value | $349,600 |
| Average Home Value | $356,388 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
5
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Listed by: Thelma Miller • C-21 Richard Berry & Assoc,Inc
Mls Name: GSREIN
Mls Provider:
Mls ID: #2461296
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