178 Mars StThibodauxLA70301
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
Rental property for sale in Thibodaux at 178 Mars St, Thibodaux, LA, 70301 priced at $190,000 converts $1,518/mo rent into $341/mo cash flow after a $930/mo obligation. Total monthly income equals $1,518/mo, and annual cash flow totals $4,092/yr on $62,985 invested. Return on cash invested prints 26.41% in year one, and rental yield reads 9.59% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 137.67% and total cumulative return in cash sums $86,712. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,518/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1978
7,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices