11612 Old Jeanerette Rd Lot 1JeaneretteLA70544
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 11612 Old Jeanerette Rd Lot 1, Jeanerette, LA, 70544 in Jeanerette is listed at $338,999 and delivers $2,435/mo in rent and $335/mo in net monthly cash flow. The 8.62% yield and 1.60 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $93,659 over five years, and $3,122/yr in principal reduction supplements cash return. Total projected cumulative return: $150,162.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 8.5% |
| Monthly Cash Flow | $335 | $350 |
City averages based on Jeanerette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,435 |
| Total Monthly Debt Service | $1,965 |
| DSCR Ratio | 1.24x |
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 N/A
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70544, Jeanerette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,255 (100%) |
| Owner Occupied HU | 3,292 (62.6%) |
| Renter Occupied HU | 1,051 (20.0%) |
| Vacant Housing Units | 912 (17.4%) |
| Median Home Value | $153,712 |
| Average Home Value | $160,884 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
4,103
Multi-Family
127
Businesses
255
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 N/A
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70544, Jeanerette, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,255 (100%) |
| Owner Occupied HU | 3,292 (62.6%) |
| Renter Occupied HU | 1,051 (20.0%) |
| Vacant Housing Units | 912 (17.4%) |
| Median Home Value | $153,712 |
| Average Home Value | $160,884 |
Housing Distribution
Address Breakdown
Residential
4,230
Single Family
4,103
Multi-Family
127
Businesses
255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Menard • EXP Realty, LLC
Mls Name: RAA
Mls ID: #2500005925