1042 Vermilion StBreaux BridgeLA70517
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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 Breaux Bridge at 1042 Vermilion St, Breaux Bridge, LA, 70517 uses $54,698 cash to close to unlock $1,554/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,152/mo, and a $808/mo payment keeps the spread at $130/mo. Purchase price stands at $165,000, and rental yield measures 8.38% with $1,152/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 118.12% and total cumulative return in cash records $64,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,152/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70517, Breaux Bridge, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,572 (100%) |
| Owner Occupied HU | 8,551 (68.0%) |
| Renter Occupied HU | 2,261 (18.0%) |
| Vacant Housing Units | 1,760 (14.0%) |
| Median Home Value | $176,463 |
| Average Home Value | $203,005 |
Housing Distribution
Address Breakdown
Residential
11,030
Single Family
10,811
Multi-Family
219
Businesses
704
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Listed by: Andrea Laborde • Guidry & Co. Real Estate, Inc.
Mls Name: RAA
Mls Provider:
Mls ID: #23002025
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the REALTOR Association of Acadiana MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable, but not guaranteed accurate. Data last updated 2024-02-12 10:51:22 PST