1515 Picard RdSulphurLA70663
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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 Sulphur at 1515 Picard Rd, Sulphur, LA, 70663 uses $50,686 cash to close to unlock $4,323/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $1,307/mo, and a $748/mo payment keeps the spread at $360/mo. Purchase price stands at $152,900, and rental yield measures 10.26% with $1,307/mo rent. Return on cash invested shows 28.44% in year one, and 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 148.66% and total cumulative return in cash records $75,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,307/mo property income covering a $748/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70663, Sulphur, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,668 (100%) |
| Owner Occupied HU | 8,090 (63.9%) |
| Renter Occupied HU | 2,944 (23.2%) |
| Vacant Housing Units | 1,634 (12.9%) |
| Median Home Value | $206,411 |
| Average Home Value | $222,076 |
Housing Distribution
Address Breakdown
Residential
12,145
Single Family
11,776
Multi-Family
369
Businesses
875
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