114 Velsco LnPt SulphurLA70083
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
Investment Highlights
Investment property for sale in Pt Sulphur at 114 Velsco Ln, Pt Sulphur, LA, 70083 at $340,000 posts ROI 22.98% with $288/mo cash flow from $2,394/mo rent. Total monthly income equals $2,394/mo, and annual cash flow records $3,456/yr on $112,710 to close. Return on cash invested measures 22.98% and rental yield reads 8.45% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 119.28% and total cumulative return in cash totals $134,442.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
7,749 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
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Nearby investment properties with comparable prices
Listed by: Herbert Kaufman • Galiano Realty
Mls Name: GSREIN
Mls ID: #2502334