128 Catherine StLockportLA70374
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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
Investment property for sale in Lockport at 128 Catherine St, Lockport, LA, 70374 earns $321/mo cash flow from $1,492/mo rent with a $925/mo payment. Total monthly income totals $1,492/mo, and annual cash flow totals $3,856/yr on $62,654 capital. ROI tracks 26.06% on current figures, and rental yield reads 9.47% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 135.89% and total cumulative return in cash sums $85,138. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,492/mo property income instead of your personal income.
Single Family
Built in 1957
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70374, Lockport, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,982 (100%) |
| Owner Occupied HU | 2,037 (68.3%) |
| Renter Occupied HU | 629 (21.1%) |
| Vacant Housing Units | 316 (10.6%) |
| Median Home Value | $202,352 |
| Average Home Value | $239,572 |
Housing Distribution
Address Breakdown
Residential
2,691
Single Family
2,630
Multi-Family
61
Businesses
178
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Listed by: Lester Martin Jr. • KELLER WILLIAMS REALTY BAYOU P
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025013738
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. Copyright 2025 ROAM MLS.