577 Old Church RdFriersonLA71027
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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 Frierson at 577 Old Church Rd, Frierson, LA, 71027 earns $199/mo cash flow from $1,494/mo rent with a $1,023/mo payment. Total monthly income totals $1,494/mo, and annual cash flow totals $2,392/yr on $69,284 capital. ROI tracks 23.36% on current figures, and rental yield reads 8.58% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 121.38% and total cumulative return in cash sums $84,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,494/mo property income instead of your personal income.
Manufactured
Built in 2003
4.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71027, Frierson, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 885 (100%) |
| Owner Occupied HU | 615 (69.5%) |
| Renter Occupied HU | 140 (15.8%) |
| Vacant Housing Units | 130 (14.7%) |
| Median Home Value | $198,665 |
| Average Home Value | $237,919 |
Housing Distribution
Address Breakdown
Residential
966
Single Family
934
Multi-Family
32
Businesses
56
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Listed by: Hannah Loker • Sterling & Southern Real Estate Co. LLC
Mls Name: NTREIS
Mls ID: #20958566
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.