133 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
Rental property for sale in Lockport at 133 Catherine St, Lockport, LA, 70374 generates $769/mo in rent, after a $729/mo payment. Total monthly income is $769/mo. Return on cash invested sits at 16.17% in year one, and rental yield is 6.19% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 82.9% and total cumulative return in cash sums $40,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $769/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
6,969 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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