512 Heyward Green DrFranklintonLA70438
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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
Investment property for sale in Franklinton at 512 Heyward Green Dr, Franklinton, LA, 70438 at $198,000 posts ROI 18.33% with from $1,140/mo rent. Total monthly income equals $1,140/mo. Return on cash invested measures 18.33% and rental yield reads 6.91% at the current $198,000. Equity gained on principal adds $1,278/yr, and 5% annual appreciation supports $54,704 by year five. Five-year ROI prints 94.4% and total cumulative return in cash totals $61,960. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.86 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: KELLI GOINGS • Goings Group Real Estate Services, Inc.
Mls Name: GSREIN
Mls ID: #2534802