107 Spring Grove LoopThibodauxLA70301
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
Investment Highlights
Investment property for sale in Thibodaux at 107 Spring Grove Loop, Thibodaux, LA, 70301 earns $41/mo cash flow from $1,920/mo rent with a $1,452/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $487/yr on $98,361 capital. ROI tracks 20.4% on current figures, and rental yield reads 7.77% at a $296,715 purchase. Equity gained on principal adds $1,915/yr, and 5% annual appreciation supports $81,977 over five years. Five-year ROI reaches 105.7% and total cumulative return in cash sums $103,968. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
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Listed by: Saun Sullivan • Cicero Realty, LLC
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2024004779
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed. Copyright 2025 ROAM MLS.