1101 Cherry StMamouLA70554
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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 Mamou at 1101 Cherry St, Mamou, LA, 70554 offers a 8.65% rental yield on a $199,000 purchase with $1,435/mo rent. Total monthly income registers $1,435/mo, and a $974/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,428/yr on $65,969 to close, and return on cash invested stands at 23.59% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 122.63% and total cumulative return in cash at $80,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,435/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70554, Mamou, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,896 (100%) |
| Owner Occupied HU | 1,532 (52.9%) |
| Renter Occupied HU | 1,019 (35.2%) |
| Vacant Housing Units | 345 (11.9%) |
| Median Home Value | $120,742 |
| Average Home Value | $163,029 |
Housing Distribution
Address Breakdown
Residential
2,472
Single Family
2,410
Multi-Family
62
Businesses
184
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