120 Octavia StLaroseLA70373
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 120 Octavia St, Larose, LA, 70373 in Larose. At $327,000 it earns $2,303/mo in rent and distributes $277/mo to the owner after the $1,470/mo payment, a consistent 8.45% yield. DSCR 1.57 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $90,344 in value; $3,012/yr in principal paydown compounds ownership stake. Total projected return: $141,878.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.5% |
| Monthly Cash Flow | $277 | $850 |
City averages based on Larose market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,303 |
| Total Monthly Debt Service | $1,895 |
| DSCR Ratio | 1.21x |
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 2010
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70373, Larose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,821 (100%) |
| Owner Occupied HU | 2,011 (71.3%) |
| Renter Occupied HU | 455 (16.1%) |
| Vacant Housing Units | 355 (12.6%) |
| Median Home Value | $172,289 |
| Average Home Value | $272,602 |
Housing Distribution
Address Breakdown
Residential
2,269
Single Family
2,269
Multi-Family
0
Businesses
178
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 2010
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70373, Larose, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,821 (100%) |
| Owner Occupied HU | 2,011 (71.3%) |
| Renter Occupied HU | 455 (16.1%) |
| Vacant Housing Units | 355 (12.6%) |
| Median Home Value | $172,289 |
| Average Home Value | $272,602 |
Housing Distribution
Address Breakdown
Residential
2,269
Single Family
2,269
Multi-Family
0
Businesses
178
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices