608 & 610 2nd StCypremort PtLA70538
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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 Cypremort Pt at 608 & 610 2nd St, Cypremort Pt, LA, 70538 listed at $175,000 pairs $1,140/mo rent with a $857/mo payment to leave $56/mo cash flow. Total monthly income runs $1,140/mo, and annual cash flow reaches $666/yr on $58,013 cash to close. Return on cash invested measures 21.06% in year one, and rental yield registers 7.82% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 109.04% and total cumulative return in cash totals $63,259. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70538, Franklin, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,132 (100%) |
| Owner Occupied HU | 3,596 (58.6%) |
| Renter Occupied HU | 1,387 (22.6%) |
| Vacant Housing Units | 1,149 (18.7%) |
| Median Home Value | $116,865 |
| Average Home Value | $173,059 |
Housing Distribution
Address Breakdown
Residential
5,104
Single Family
4,926
Multi-Family
178
Businesses
463
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Listed by: Kay Louviere • Thomson Real Estate
Mls Name: RAA
Mls ID: #2500002164