78145 Booth RdFolsomLA70437
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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 Folsom at 78145 Booth Rd, Folsom, LA, 70437 offers a 10.87% rental yield on a $250,000 purchase with $2,265/mo rent. Total monthly income registers $2,265/mo, and a $1,224/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,592/yr on $82,875 to close, and return on cash invested stands at 30.28% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 158.42% and total cumulative return in cash at $131,290. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,265/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70437, Folsom, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,100 (100%) |
| Owner Occupied HU | 3,255 (79.4%) |
| Renter Occupied HU | 488 (11.9%) |
| Vacant Housing Units | 357 ( 8.7%) |
| Median Home Value | $324,035 |
| Average Home Value | $373,023 |
Housing Distribution
Address Breakdown
Residential
3,301
Single Family
3,289
Multi-Family
12
Businesses
170
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Listed by: Mary Salley • Wayne Songy & Associates
Mls Name: GSREIN
Mls Provider:
Mls ID: #2489163
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.