180 Pelican StSulphurLA70663
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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 Sulphur at 180 Pelican St, Sulphur, LA, 70663 offers $1,535/mo rent that, after a $1,175/mo payment, leaves $48/mo cash flow. Total monthly income is $1,535/mo, and annual cash flow is $576/yr on $79,560 cash. Return on cash invested measures 20.63% in year one, and rental yield stands at 7.67% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 106.71% and total cumulative return in cash reaches $84,902. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,535/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2017
0.66 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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