10387 E Park AveHoumaLA70363
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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 Houma at 10387 E Park Ave, Houma, LA, 70363 earns $67/mo cash flow from $1,770/mo rent with a $1,346/mo payment. Total monthly income totals $1,770/mo, and annual cash flow totals $798/yr on $91,163 capital. ROI tracks 20.78% on current figures, and rental yield reads 7.72% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 107.56% and total cumulative return in cash sums $98,051. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,770/mo property income instead of your personal income.
Single Family
Built in 2005
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70363, Houma, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,051 (100%) |
| Owner Occupied HU | 6,191 (61.6%) |
| Renter Occupied HU | 2,660 (26.5%) |
| Vacant Housing Units | 1,200 (11.9%) |
| Median Home Value | $160,689 |
| Average Home Value | $174,482 |
Housing Distribution
Address Breakdown
Residential
9,300
Single Family
8,672
Multi-Family
628
Businesses
726
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