1020 Saint Jude LnSaint MartinvilleLA70582
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1020 Saint Jude Ln, Saint Martinville, LA, 70582 in Saint Martinville at $124,900 earns $968/mo in rent and nets $194/mo after the $562/mo payment, a 9.3% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $34,508 over five years. Ziffy Mortgage underwrites this on a 1.72 DSCR without U.S. credit history. With $1,150/yr in principal paydown, total projected return reaches $59,866.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.2% |
| Monthly Cash Flow | $194 | $350 |
City averages based on Saint Martinville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $968 |
| Total Monthly Debt Service | $724 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70582, Saint Martinville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,657 (100%) |
| Owner Occupied HU | 5,743 (66.3%) |
| Renter Occupied HU | 1,694 (19.6%) |
| Vacant Housing Units | 1,220 (14.1%) |
| Median Home Value | $163,390 |
| Average Home Value | $186,978 |
Housing Distribution
Address Breakdown
Residential
7,825
Single Family
7,703
Multi-Family
122
Businesses
398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2021
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70582, Saint Martinville, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,657 (100%) |
| Owner Occupied HU | 5,743 (66.3%) |
| Renter Occupied HU | 1,694 (19.6%) |
| Vacant Housing Units | 1,220 (14.1%) |
| Median Home Value | $163,390 |
| Average Home Value | $186,978 |
Housing Distribution
Address Breakdown
Residential
7,825
Single Family
7,703
Multi-Family
122
Businesses
398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Judice • EXP Realty, LLC
Mls Name: RAA
Mls ID: #2020023472