10480 Lee Settlement Road
Folsom, LA 70437
- 4 beds
- 2 baths
- 2,052 sqft
- $102 per sqft
- 2000 build
Unlock the potential of this versatile investment in the heart of Folsom, Louisiana. Situated on a 5-acre lot, this charming 4-bedroom, 2-bathroom mobile home offers a rare combination of rental income opportunity, land value, and long-term investment potential. If you're looking to generate steady cash flow through long-term rental this property is has a tenant already in place and positioned to start producing income. This well-maintained home features a spacious open floor plan with a large living area, functional kitchen, and a private primary suite with an en-suite bath. This property combines the serenity of country living with close proximity to amenities in Folsom and Covington. Utilities are already in place, and the property has plenty of potential for additional development of outdoor amenities. If you are looking to start generating cash flow on day one, this one's for you!
Last checked:
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Last updated Apr 4, 2025
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MLS# 2495019 —
The Building
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Year Built:2000
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Construction Materials:Modular/Prefab, Vinyl Siding
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Architectural Style:Modular/Prefab
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Building Area Total:2052
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Building Area Source:Appraiser
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Roof:Metal
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Foundation:Raised
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Window Features:Screens
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Levels:One
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Stories:1
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Stories Total:1
Interior
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Interior Features:Jetted Tub
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Living Area:2052
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Living Area Source:Appraiser
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Fireplace:No
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Fireplace Features:None
Financial & Terms
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Home Warranty:No
Location
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Directions:Hwy 25 north just after Folsom left on Hay Hollow. Left on Lee Settlement. Turn left on Cypress property on left.
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Cross Street:Hay Hallow
The Property
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Parcel Number:17041
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Property Type:Residential
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Property Subtype:Detached
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Property Subtype Additional:Detached, Single Family Residence
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Property Condition:Very Good Condition
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Lot Features:Outside City Limits
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Lot Size Dimensions:150x410x784x150x749x668
Listing Agent
- Contact info:
- Agent phone:
- (985) 626-5695
- Office phone:
- (985) 626-5695
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Current Price:$210,000
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Heating:Yes
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Cooling:Central Air
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Cooling:Yes
Utilities
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Sewer:Septic Tank
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Water Source:Well
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
The Community
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Subdivision Name:Not A Subdivision
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Pool Features:None
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Pets Allowed:No, Pet Restrictions
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Association:No
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Association Name:N/A
Parking
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Parking Features:Driveway
Monthly cost estimate
Asking price
$210,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,124
|
| Taxes | N/A |
| Insurance | $57 |
| Utilities | $128 See report |
| Total | $1,309/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/4/25
Apr 4, 2025
|
Listed / Active | GSREIN | $210,000 | 27.3% (24.9% / YR) |
|
3/1/24
Mar 1, 2024
|
GSREIN | $165,000 |
