115 Suthon AveHoumaLA70364
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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 Houma at 115 Suthon Ave, Houma, LA, 70364 priced at $188,000 pairs $1,560/mo rent with $396/mo cash flow after a $920/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $4,747/yr on $62,322 invested. Return on cash invested is 27.53% in year one, and rental yield stands at 9.96% on a $188,000 basis. Equity gained on principal adds $1,213/yr, and 5% annual appreciation accumulates to $51,941 by year five. Five-year ROI measures 143.73% and total cumulative return in cash reaches $89,576. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $920/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70364, Houma, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,921 (100%) |
| Owner Occupied HU | 8,063 (62.4%) |
| Renter Occupied HU | 3,516 (27.2%) |
| Vacant Housing Units | 1,342 (10.4%) |
| Median Home Value | $211,709 |
| Average Home Value | $236,925 |
Housing Distribution
Address Breakdown
Residential
11,921
Single Family
11,044
Multi-Family
877
Businesses
615
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