11612 Old Jeanerette Rd LOT 1JeaneretteLA70544
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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 Jeanerette at 11612 Old Jeanerette Rd LOT 1, Jeanerette, LA, 70544 generates $1,417/mo in rent, after a $1,757/mo payment. Total monthly income is $1,417/mo. Return on cash invested sits at 11.77% in year one, and rental yield is 4.74% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 59.26% and total cumulative return in cash sums $70,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,417/mo property income rather than buyer’s personal income.
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
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Listed by: Jenny Menard • EXP Realty, LLC
Mls Name: RAA
Mls ID: #2500005925