1077 Saint Rita HwySaint MartinvilleLA70582
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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 Saint Martinville at 1077 Saint Rita Hwy, Saint Martinville, LA, 70582 uses $49,725 cash to close to unlock $2,544/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $1,141/mo, and a $734/mo payment keeps the spread at $212/mo. Purchase price stands at $150,000, and rental yield measures 9.13% with $1,141/mo rent. Return on cash invested shows 25.03% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 130.26% and total cumulative return in cash records $64,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,141/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A 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
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Listed by: Melanie Doyle • Compass
Mls Name: RAA
Mls ID: #2500003158