65 Main StFranklinLA70538
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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
Rental property for sale in Franklin at 65 Main St, Franklin, LA, 70538 priced at $279,900 pairs $900/mo rent with after a $1,370/mo payment. Total monthly income equals $900/mo. Return on cash invested is 9.12% in year one, and rental yield stands at 3.86% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 45.06% and total cumulative return in cash reaches $41,809. For financing, Ziffy Mortgage’s DSCR program evaluates $900/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
8,712 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: Chelita Woods • Fathom Realty LA, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025004311
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. Copyright 2025 ROAM MLS.