132 Rue Saint CameronHoumaLA70360
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
Investment Highlights
Investment property for sale in Houma at 132 Rue Saint Cameron, Houma, LA, 70360 uses $97,793 cash to close to unlock $4,866/yr annual cash flow and $406/mo monthly cash flow. Total monthly income runs $2,233/mo, and a $1,444/mo payment keeps the spread at $406/mo. Purchase price stands at $295,000, and rental yield measures 9.08% with $2,233/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 129.55% and total cumulative return in cash records $126,686. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,233/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 2011
5,902 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70360, Houma, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,410 (100%) |
| Owner Occupied HU | 7,442 (60.0%) |
| Renter Occupied HU | 3,559 (28.7%) |
| Vacant Housing Units | 1,409 (11.4%) |
| Median Home Value | $307,752 |
| Average Home Value | $407,854 |
Housing Distribution
Address Breakdown
Residential
11,883
Single Family
9,729
Multi-Family
2,154
Businesses
1,715
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices