84074 Hill 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 84074 Hill Rd, Folsom, LA, 70437 uses $61,659 cash to close to unlock $3,998/yr annual cash flow and $333/mo monthly cash flow. Total monthly income runs $1,485/mo, and a $910/mo payment keeps the spread at $333/mo. Purchase price stands at $186,000, and rental yield measures 9.58% with $1,485/mo rent. Return on cash invested shows 26.39% in year one, and 5% annual appreciation builds toward $51,388 over five years. Five-year ROI reaches 137.68% and total cumulative return in cash records $84,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,485/mo property income covering a $910/mo payment rather than investor’s personal income.
Single Family
Built in 2003
1 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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