111 Velsco LnPt SulphurLA70083
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 111 Velsco Ln, Pt Sulphur, LA, 70083 in Pt Sulphur. Rental yield 5.76%. At $499,000 with 5.76% gross yield, current distributions are modest, but the 5% appreciation rate projects $137,865 in new equity by year five, complemented by $4,596/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.07) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $144,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 6.5% |
| Monthly Cash Flow | $(697) | $600 |
City averages based on Pt Sulphur market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,394 |
| Total Monthly Debt Service | $2,893 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2008
7,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70083, Port Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 788 (62.6%) |
| Renter Occupied HU | 138 (11.0%) |
| Vacant Housing Units | 332 (26.4%) |
| Median Home Value | $111,702 |
| Average Home Value | $204,724 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
84
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
Single Family
Built in 2008
7,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70083, Port Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 788 (62.6%) |
| Renter Occupied HU | 138 (11.0%) |
| Vacant Housing Units | 332 (26.4%) |
| Median Home Value | $111,702 |
| Average Home Value | $204,724 |
Housing Distribution
Address Breakdown
Residential
920
Single Family
920
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elizabeth Strohmeyer • KELLER WILLIAMS REALTY 504-207-2007
Mls Name: GSREIN
Mls ID: #2506398