1402 Renee DrThibodauxLA70301
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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 Thibodaux at 1402 Renee Dr, Thibodaux, LA, 70301 listed at $247,000 pairs $1,607/mo rent with a $1,209/mo payment to leave $21/mo cash flow. Total monthly income runs $1,607/mo, and annual cash flow reaches $251/yr on $81,881 cash to close. Return on cash invested measures 20.22% in year one, and rental yield registers 7.81% at a $247,000 basis. Equity gained on principal adds $1,594/yr, and annual property appreciation at 5% supports $68,242 by year five. Five-year ROI tracks 104.78% and total cumulative return in cash totals $85,792. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,607/mo property income relative to a $1,209/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
8,929 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70301, Thibodaux, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,759 (100%) |
| Owner Occupied HU | 13,395 (64.5%) |
| Renter Occupied HU | 5,419 (26.1%) |
| Vacant Housing Units | 1,945 ( 9.4%) |
| Median Home Value | $234,273 |
| Average Home Value | $285,685 |
Housing Distribution
Address Breakdown
Residential
20,557
Single Family
18,981
Multi-Family
1,576
Businesses
1,201
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Listed by: Rae Broussard • Keller Williams Realty-First Choice
Mls Name: ROAM MLS
Mls Provider:
Mls ID: #2025009485
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.