1044 Jean Lafitte 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 1044 Jean Lafitte St, Breaux Bridge, LA, 70517 offers a 9.57% rental yield on a $119,000 purchase with $949/mo rent. Total monthly income registers $949/mo, and a $582/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,548/yr on $39,449 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $768/yr while 5% annual appreciation supports $32,878 over five years. Portfolio math shows five-year ROI at 137.57% and total cumulative return in cash at $54,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $949/mo property income against a $582/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
6,534 sqft 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: Destinee Allanson • EXP Realty, LLC
Mls Name: RAA
Mls ID: #2500007018