1229 E Hebert StTullosLA71479
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
Investment Highlights
Investment property for sale in Tullos at 1229 E Hebert St, Tullos, LA, 71479 uses $34,808 cash to close to unlock $1,974/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $815/mo, and a $514/mo payment keeps the spread at $165/mo. Purchase price stands at $105,000, and rental yield measures 9.31% with $815/mo rent. Return on cash invested shows 25.58% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 133.36% and total cumulative return in cash records $46,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $815/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 71479, Tullos, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 277 (62.1%) |
| Renter Occupied HU | 65 (14.6%) |
| Vacant Housing Units | 104 (23.3%) |
| Median Home Value | $89,773 |
| Average Home Value | $120,235 |
Housing Distribution
Address Breakdown
Residential
198
Single Family
198
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices