140 Texas Gulf RdBourgLA70343
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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 Bourg at 140 Texas Gulf Rd, Bourg, LA, 70343 offers $0/mo rent that, after a $629/mo payment. Total monthly income is $0/mo. Return on cash invested measures -2.52% in year one, and rental yield stands at 0% at a $128,500 entry. Equity gained on principal adds $829/yr while 5% annual appreciation compounds into $35,502 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $629/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70343, Bourg, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,917 (100%) |
| Owner Occupied HU | 1,614 (84.2%) |
| Renter Occupied HU | 182 ( 9.5%) |
| Vacant Housing Units | 121 ( 6.3%) |
| Median Home Value | $239,474 |
| Average Home Value | $309,097 |
Housing Distribution
Address Breakdown
Residential
1,779
Single Family
1,779
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dodie Bergeron • KELLER WILLIAMS REALTY BAYOU P
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009592
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.