1229 E Hebert StTullosLA71479
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 1229 E Hebert St, Tullos, LA, 71479 in Tullos, $105,000, 9.31% gross yield, $165/mo net income. Consider it a market-entry position, the $815/mo rent covers the $472/mo payment with a margin, and 5%/yr appreciation is projected to add $29,010 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.73) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $50,451.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $165 | $200 |
City averages based on Tullos market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $815 |
| Total Monthly Debt Service | $609 |
| DSCR Ratio | 1.34x |
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 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
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 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