113 Thomas Oak DrChurch PointLA70525
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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
Rental property for sale in Church Point at 113 Thomas Oak Dr, Church Point, LA, 70525 offers $2,650/mo rent that, after a $1,415/mo payment, leaves $859/mo cash flow. Total monthly income is $2,650/mo, and annual cash flow is $10,312/yr on $95,804 cash. Return on cash invested measures 30.67% in year one, and rental yield stands at 11% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 160.61% and total cumulative return in cash reaches $153,866. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70525, Church Point, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,835 (69.3%) |
| Renter Occupied HU | 1,226 (22.1%) |
| Vacant Housing Units | 476 ( 8.6%) |
| Median Home Value | $193,959 |
| Average Home Value | $213,531 |
Housing Distribution
Address Breakdown
Residential
5,583
Single Family
5,540
Multi-Family
43
Businesses
224
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Listed by: Tammy M Cormier • Century 21 Action Realty
Mls Name: RAA
Mls ID: #2500001264