80 Lafitte SqFlorienLA71429
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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 Florien at 80 Lafitte Sq, Florien, LA, 71429 priced at $825,000 pairs $1,613/mo rent with after a $4,038/mo payment. Total monthly income equals $1,613/mo. Return on cash invested is 4.6% in year one, and rental yield stands at 2.35% on a $825,000 basis. Equity gained on principal adds $5,324/yr, and 5% annual appreciation accumulates to $227,932 by year five. Five-year ROI measures 20.71% and total cumulative return in cash reaches $56,205. For financing, Ziffy Mortgage’s DSCR program evaluates $1,613/mo property income against a $4,038/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71429, Florien, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,128 (53.7%) |
| Renter Occupied HU | 192 ( 9.1%) |
| Vacant Housing Units | 781 (37.2%) |
| Median Home Value | $164,925 |
| Average Home Value | $193,723 |
Housing Distribution
Address Breakdown
Residential
1,372
Single Family
1,344
Multi-Family
28
Businesses
48
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