122 Colby RdOpelousasLA70570
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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 Opelousas at 122 Colby Rd, Opelousas, LA, 70570 priced at $186,500 converts $1,486/mo rent into $331/mo cash flow after a $913/mo obligation. Total monthly income equals $1,486/mo, and annual cash flow totals $3,967/yr on $61,825 invested. Return on cash invested prints 26.32% in year one, and rental yield reads 9.56% against a $186,500 entry. Equity gained on principal adds $1,203/yr, while 5% annual appreciation compiles into $51,527 by year five. Five-year ROI reaches 137.29% and total cumulative return in cash sums $84,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,486/mo property income covering a $913/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70570, Opelousas, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,009 (100%) |
| Owner Occupied HU | 10,668 (59.2%) |
| Renter Occupied HU | 5,062 (28.1%) |
| Vacant Housing Units | 2,279 (12.7%) |
| Median Home Value | $172,961 |
| Average Home Value | $254,841 |
Housing Distribution
Address Breakdown
Residential
16,636
Single Family
15,941
Multi-Family
695
Businesses
1,138
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