1274 Highway 742OpelousasLA70570
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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 1274 Highway 742, Opelousas, LA, 70570 generates $925/mo in rent, after a $783/mo payment. Total monthly income is $925/mo. Return on cash invested sits at 18.42% in year one, and rental yield is 6.94% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 94.82% and total cumulative return in cash sums $50,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $925/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2 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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