9987 Highway 182FranklinLA70538
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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 Franklin at 9987 Highway 182, Franklin, LA, 70538 uses $94,478 cash to close to unlock $5,430/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $2,218/mo, and a $1,395/mo payment keeps the spread at $453/mo. Purchase price stands at $285,000, and rental yield measures 9.34% with $2,218/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 133.69% and total cumulative return in cash records $126,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,218/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.90 Acres 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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