113 Park AveBoutteLA70039
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow113 Park Ave, Boutte, LA, 70039 in Boutte is a solid income-producing rental, 10.24% gross yield, $1,578/mo rent, $432/mo net cash flow on a $185,000 buy. DSCR 1.90 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $51,112 and $1,704/yr in principal reduction project a total cumulative return of $97,973.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 8.2% |
| Monthly Cash Flow | $432 | $260 |
City averages based on Boutte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,578 |
| Total Monthly Debt Service | $1,072 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1943
9,226 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70039, Boutte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 751 (64.1%) |
| Renter Occupied HU | 335 (28.6%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $286,111 |
| Average Home Value | $291,365 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
140
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 1943
9,226 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70039, Boutte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 751 (64.1%) |
| Renter Occupied HU | 335 (28.6%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $286,111 |
| Average Home Value | $291,365 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices