132 Pelican Beach DrCameronLA70631
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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 Cameron at 132 Pelican Beach Dr, Cameron, LA, 70631 priced at $375,000 pairs $3,238/mo rent with $916/mo cash flow after a $1,835/mo payment. Total monthly income equals $3,238/mo, and annual cash flow comes to $10,986/yr on $124,313 invested. Return on cash invested is 28.75% in year one, and rental yield stands at 10.36% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 150.25% and total cumulative return in cash reaches $186,783. For financing, Ziffy Mortgage’s DSCR program evaluates $3,238/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70631, Cameron, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,026 (100%) |
| Owner Occupied HU | 306 (29.8%) |
| Renter Occupied HU | 49 ( 4.8%) |
| Vacant Housing Units | 671 (65.4%) |
| Median Home Value | $214,679 |
| Average Home Value | $230,547 |
Housing Distribution
Address Breakdown
Residential
512
Single Family
484
Multi-Family
28
Businesses
73
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