1110 Audubon Ave APT 7ThibodauxLA70301
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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 Thibodaux at 1110 Audubon Ave APT 7, Thibodaux, LA, 70301 offers a 9.43% rental yield on a $150,000 purchase with $1,179/mo rent. Total monthly income registers $1,179/mo, and a $734/mo payment leaves $250/mo available for distribution. Annual cash flow reaches $3,000/yr on $49,725 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 135.18% and total cumulative return in cash at $67,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,179/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No 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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