1250 Primrose Dr APT 27BoutteLA70039
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1250 Primrose Dr APT 27, Boutte, LA, 70039 in Boutte at $193,900 earns $1,500/mo in rent and nets $163/mo after the $872/mo payment, a 9.28% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $53,571 over five years. Ziffy Mortgage underwrites this on a 1.72 DSCR without U.S. credit history. With $1,786/yr in principal paydown, total projected return reaches $87,048.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.2% |
| Monthly Cash Flow | $163 | $260 |
City averages based on Boutte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,500 |
| Total Monthly Debt Service | $1,219 |
| DSCR Ratio | 1.23x |
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.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70039, Boutte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 751 (64.1%) |
| Renter Occupied HU | 335 (28.6%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $286,111 |
| Average Home Value | $291,365 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
140
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
Townhouse
Built in 2008
N/A lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70039, Boutte, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,171 (100%) |
| Owner Occupied HU | 751 (64.1%) |
| Renter Occupied HU | 335 (28.6%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $286,111 |
| Average Home Value | $291,365 |
Housing Distribution
Address Breakdown
Residential
785
Single Family
785
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andi Knox • Knox Real Estate Group
Mls Name: GSREIN
Mls Provider:
Mls ID: #2490456
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.