700 Magnolia 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 700 Magnolia St, Cypremort Pt, LA, 70538 uses $58,013 cash to close to unlock $3,786/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,400/mo, and a $857/mo payment keeps the spread at $316/mo. Purchase price stands at $175,000, and rental yield measures 9.6% with $1,400/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 137.9% and total cumulative return in cash records $79,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,400/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in N/A
871.20 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: #2500002166